The arrow of the “EFG” Holding Group, which is traded and traded on the Egypt Stock Exchange, increased by 1.06% during trading today, Wednesday, to circulate at the price of 28.60 pounds per share, after achieving annual profits of 5.33 billion pounds.
The trading on the share of the “EFG” Holding Group at that time came through 3 million shares with a value of trading 86.36 million pounds.
The highest price for the share was at that time at 28.89 pounds, while the price of the share was at 28.51 pounds.
The price of the EFG Holding Group of EFG Holding increased after announcing the company’s financial statements from last year, which showed an increase in its profits by 68.38% on an annual basis.
The company explained that it achieved profits of 5.33 billion pounds in 2024, compared to 3.16 billion pounds in 2023, taking into account the minority rights.
The company’s total revenues increased last year to 24.35 billion pounds, compared to 14.66 billion pounds in 2023.
As for the unacceptable financial statements, the independent company recorded losses of 345.73 million pounds in the past year, compared to profits of 426.88 million pounds in the previous year.
It should be noted that the EFG Holding Group achieved a net profit of 4.17 billion pounds during the period from January to the end of September 2024, compared to 2.09 billion pounds in the same period in 2023, taking into account the minority rights.
The company’s total revenues during the nine months witnessed an increase to 18.57 billion pounds, compared to 10.49 billion pounds in the same period in the previous year.
At the level of non -combined business, the profits of the independent company increased to 982.51 million pounds during the period from January to September 2024, compared to profits amounting to 652.07 million pounds in the same period from 2023.
