Egypt Kuwait Holding is one of the largest, fast growing companies in the middle east, invests in the diversified portfolio of investments in fertilizers, energy, manufacturing, insurance, information technology and transport Sectors.
New Energy Company Nat Energy (Issued Capital of USD 100M) Started to Establish Phosphate fertilizer Plant.
Financial Performance:
In its meeting held on May 9, EKHO.s BOD approved both consolidated and standalone financial results for the fiscal period ending on March 31, 2011. Consolidated profits hit USD31.4, compared to USD33.3mn in the same period of the previous year, representing a decline of 5.7%. Moreover, standalone profits hit USD28.9mn in1Q11, compared to USD30.1mn in the same period of the previous year.