Egypt's Pioneers Holding 9-month net profit up to $51.09 million

Pioneers Holdings' nine-month net profit was 400 million Egyptian pounds ($51.09 million) after taxes and minority interests, up from 202 million Egyptian pounds in the same period last year, the company said on Thursday.

Operating revenues for the period were 3.9 billion Egyptian pounds, up from 1.8 billion during the same period last year, a statement on the Egyptian bourse said.