The shares of the Cairo National Investment and Securities Company listed on the Egypt Stock Exchange increased by 19.98% during trading on Thursday, to circulate at the price of 36.09 pounds per share, achieving its highest price in 8 months.
The trading on the Cairo National Investment and Securities share at that time came at 74.12 thousand shares, with a value of trading 2.55 million pounds.
The highest price for the share was at that time at 36.09 pounds, while the lowest price for the share was at 29 pounds, to touch the highest price in 8 months and 17 days.
The collected financial statements of the Cairo National Investment and Securities Company during the first quarter of 2025 showed an unprecedented leap in net profits by about 2814% on an annual basis.
The company reported that it achieved profits of 40.51 million pounds during the period from January to the end of March 2025, compared to profits amounting to 1.39 million pounds in the same period in 2024, while calculating the rights of the minority.
The company’s revenues also increased during the first quarter of this year to about 5.23 million pounds, compared to 3.36 million pounds during the same period last year.
The data indicated that the company recorded capital profits of 37.94 million pounds during the aforementioned quarter.
At the level of independent financial statements, the company turned into profitability, achieving a net profit of 783.06 thousand pounds during the first quarter of 2025, compared to losses of 579.56 thousand pounds during the same period last year.
It should be noted that Cairo National Investment and Securities is a public company listed on the Egyptian Stock Exchange since September 1997, and it works in the various financial services sector, with its focus on investment and mediation banking services. The company’s headquarters is located in Giza, Egypt.
