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Egypt .. Pyram Holding shares rises to the highest price in 12 months

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Brim Holding for Financial Investments, “Prime Holding”, which is raised and traded on the Egypt Stock Exchange, increased by 13.15% at the start of trading today, to trade at 0.8 pounds per share, to reach its highest price in 12 months.

The trading on Prime Holding shares at that time through 154 trading operations, at 4.42 million shares, with a trading value of 3.58 million pounds.

The highest price for the share at that time was at 0.829 pounds per share, while the lowest price for the share was at 0.799 pounds per share, to touch the highest price for a year and two days.

In a separate context, the collected financial statements of Prime Holding Company for Financial Investments showed an increase in the company’s profits by 22% during the first nine months of this year, compared to the same period last year.

The company explained that it achieved a profit of 25.28 million pounds during the period from January to September 2024, compared to 20.81 million pounds in the same period in 2023.

The company’s revenues increased during the first nine months of this year to 162.17 million pounds, compared to 139.66 million pounds in the same period last year.

At the level of independent business, the company made profits of 8.44 million pounds during the same period, compared to 4.1 million pounds in the comparative period from 2023.

It should be noted that Prime Holding for Financial Investments achieved a profit of 13.59 million pounds during the first half of 2024, compared to 15.2 million pounds in the first half of 2023.

The company’s revenues increased in the first half of this year to 112.76 million pounds, compared to 96.8 million pounds in the same period last year.

At the level of independent business during the first half of this year, the company incurred losses of 665.85 thousand pounds, compared to profits amounting to 178.8 thousand pounds in the same period from 2023.

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