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Arab Finance – Implementing a deal on Jadwa Industrial Development shares for 23 million pounds


Implementing a deal on Jadwa Industrial Development shares for 23 million pounds

Arab FinanceThe Egyptian Stock Exchange announced today the implementation of a deal through the block trading mechanism on shares. Jadwa Industrial Development (GDWA).

She added that the deal was executed for 4,388,318 shares with a total value of 23,126,435 pounds.

On the results of its consolidated and unconsolidated operations for the financial period ending on 06/30/2024, it showed achieving a net profit. assembly It amounted to 850,009 million pounds, compared to a combined net profit of 402,533 million pounds for the same period of the previous year.

The results for the financial period ending on 06/30/2024 also showed a net profit independent It amounted to 823.273 million pounds, compared to an independent net profit of 312.111 million pounds for the same period of the previous year.

Jadwa is a leading industrial development and investment company, established due to the horizontal separation of Pioneers Holdings into three companies in 2021. As a market leader in the industrial development sector, the company operates in four core sectors locally and internationally and has ownership in several listed companies in The Egyptian Stock Exchange, including the Egyptian Electrical Cable Company, the International Packaging Materials and Paper Company (UNIPACK), and the Arab Dairy Products Company.

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