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Egypt's Pioneers Holding net profit plunges 90 per cent
Reuters Published in Ahram Online on 12 - 04 - 2011


Egyptian investment bank Pioneers Holding, one of the 30 most active listed companies, saw its consolidated net income plunged 90 per cent in 2010, the stock exchange said on Tuesday. Net income dropped to LE10.9 million ($1.8 million) from LE105.6 million in 2009, according to the stock market's website, without giving further details.

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