
Egypt's Orascom TMT Q2 profit down 22.7 percent
Orascom’s profit fell 22.7 percent in the second quarter to 351.68 million Egyptian pounds
Egypt's Orascom Telecom Media and Technology Holding said on Thursday its profit fell 22.7 percent in the second quarter to 351.68 million Egyptian pounds ($49.19 million).
The results came in a statement published in Egyptian newspapers.
(1 U.S. dollar = 7.1500 Egyptian pound)