Pioneers Holding Company reported consolidated and standalone earnings results for the six-month period ended 30 June 2019. On consolidated basis, net profits surged to EGP 1.09 billion during the six-month period ended 30 June, compared to EGP 641.1 million in the corresponding period a year earlier. Meanwhile, the company's revenues increased by 77.4%, recording EGP 6.903 billion in first half of 2019, compared to EGP 3.892 billion in first half of 2018. The profit growth was ascribed to the rise in the industrial activity's revenues which stood at EGP 2.05 billion during the January-June period of 2019, up from EGP 1.552 billion in the same period of 2018. As for standalone financials, the company turned to losses of EGP 124.3 million in first half of 2019, against profits of EGP 9.87 million in first half of 2018.