Orascom Investment Holding shares circulated on the Egypt Stock Exchange, his attempt to penetrate his highest level since he was included in the Egyptian Stock Exchange, after contacting a price of 0.676 pounds for the second time, and was the first time that the stock was touched on April 3.
The stock rose by 3.85% in the middle of trading today, Wednesday, to circulate at 0.675 pounds.
The highest price for the stock was at that time at 0.676 pounds, while the lowest price was at 0.651 pounds.
The trading on the share of Orascom Investment Holding at that time through 950 trading operations, at 113.4 million shares with a trading value of 75.43 million pounds.
Finally, the company achieved a positive performance in its independent results during the first 9 months of the fiscal year 2024, and its net profit increased by 96.17% to 527.56 million pounds, compared to its profits during the first 9 months of the fiscal year 2023 of 268.92 million pounds, in conjunction with the growth of its operating revenues by 203.94% to reach 107.14 million pounds, compared to about 35.25 million pounds.
Orascom Investment Holding is one of the leading companies in the field of investment in Egypt, focusing on diversifying its investments in vital sectors such as energy, financial services, food industries, real estate development and logistical services. The company was established on November 29, 2011, and it is a heir to Orascom Communications, Information and Technology. The company seeks to achieve a positive impact through its investments in local and international markets, with a focus on achieving sustainable economic development.
The shares of the company were listed on the Egyptian Stock Exchange in January 2010, which reflects its commitment to transparency and enhance the confidence of investors. Its headquarters is located in the Nile City towers in Cairo, and it runs a wide range of subsidiary companies that operate in multiple fields, which makes it a major player in supporting the Egyptian economy and expanding its business globally.
