Prime Holding

Since its founding in 1992 as a privatization consulting office to the government of Egypt, Prime has successfully reinvented itself as a regional investment bank with a presence in major Arab markets. Prime Group provides innovative and outstanding financial services to corporations, institutions, governments, and individuals. Financial Performance: Prime Holding Co..s board report for H1 that ended in June 30, 2011 reflected a 43% drop in top line to EGP 12.6 million, compared with EGP 22.08 million in the year-ago period. Revenue from brokerage segment plunged 62% year-over-year from EGP 11.983 million to EGP 4.56 million. Revenue from investment banking slumped 71% from EGP 1.986 million to EGP 0.578 million. Prime incurred consolidated net losses of EGP 8.86 million for FY2011 vs. EGP 25.296 million a year earlier. Standalone figures for the same period reflected net earnings of EGP 1.117 million, against net losses of EGP 22.167 million in FY10. 350167000 EGP 350167000 EGP 500000000 EGP 378718715 EGP 175260 Giza 351 Joint Stock Private