Pioneers Holding Co. reported audited consolidated and standalone earnings results for the first quarter ended March 31, 2020. On consolidated basis, net profits EGP 271,276,126 compared to EGP 456,795,948 reported a year ago. For the period, on standalone basis, the company reported net profit of EGP 118,469,609 against EGP 3,355,626 a year ago.