The share of CI Capital Holding for Financial Investments listed on the Egypt Stock Exchange increased by 3.90%, during the trading of the session today, to circulate at the price of 6.9 pounds per share, after its annual profits increased.
The trading on CI Capital Holding for Financial Investments came at that time through 335.62 thousand shares, with a trading value of 2.12 million pounds.
The highest price for the share at that time was at 6.40 pounds, while the lowest price was at 6.25 pounds per share.
The rise in the stock price came after the exploration of the complex financial statements of the CI Capital Holding Company, for financial investments, that the company achieved an increase in its profits by 107.26% during the past year, compared to the same period in the previous year.
The company explained that it recorded a net profit of 2.23 billion pounds in 2024, compared to profits of 1.07 billion pounds in 2023, taking into account the rights of the minority.
The company’s revenues increased during the past year to 7.12 billion pounds, compared to 5.85 billion pounds in 2023.
With regard to independent lists, the company recorded independent profits of 1.08 billion pounds in 2024, compared to 370.92 million pounds in the previous year.
With regard to the first nine months of 2024, CI Capital recorded a net profit of 1.6 billion pounds, compared to 771.2 million pounds in the same period last year, taking into account the minority rights.
The company’s revenues also witnessed during the first nine months of this year an increase to 7.15 billion pounds, compared to 4.7 billion pounds in the same period last year.
At the level of the unacceptable lists, the company made independent profits of 574.1 million pounds, compared to 414.8 million pounds in the same period from 2023.
