spot_img
HomeGlobal EconomyArab Finance - CI Capital's general assembly approves the implementation of a...

Arab Finance – CI Capital's general assembly approves the implementation of a cash incentive system for employees


The General Assembly of CI Capital approves the implementation of a cash incentive system for employees

Arab Finance: The Ordinary General Assembly of the company approved CI Capital Holding for Financial Investments (CICH)held on 10-14-2024, to implement a monetary incentive system for employees and members of the executive board of directors of the company and its subsidiaries, according to the monetary system. statement Egyptian Stock Exchange.

It also approved the appointment of an independent financial consultant for the purpose of preparing a fair value study.

For the financial period ending on 06/30/2024, which showed achieving a net profit assembly It amounted to 1.272 billion pounds, compared to the company achieving a combined net profit of 516.603 million pounds for the same period of the previous year.

In the same context, the company achieved a net profit independent For the financial period ending on 06/30/2024, it amounted to 483.938 million pounds, compared to an independent net profit of 437.306 million pounds for the same period of the previous year.

It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.

It is one of the largest leading Egyptian institutions in providing non-banking financial services, including financial leasing services, microfinance, services for promoting and covering securities subscriptions, mergers and acquisitions, securities brokerage, management of financial assets funds and portfolios, and research.

Related news



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments