Arab Finance: AF Securities Trading has played the role of a broker executing a purchase deal by Akassia Investment Company for 5127772 shares in a company North Upper Egypt for Development and Agricultural Production (Neda).
Where Akassia for investment raised its share in the last capital from 5.21% to 13.29%, in a deal worth about 14,870,538.80 pounds, and on the average price level, the purchase price reached 2.90 pounds per share.
On the results of her business during the period from 01/01/2024 to 09/30/2024, which showed a net loss of losses Assembly It amounted to 4,056,758 pounds, compared to the company’s achievement for a net profit of 339,059 pounds during the period from 01/01/2023 to 09/30/2023.
In the same context, the company achieved net losses Independent For the period from 01/01/2024 to 09/30/2024, estimated at 4,024,023 pounds, a net profit for 372,865 pounds, during the comparative period of the previous fiscal year.
It is worth noting that net profits or losses of the year are calculated according to the share of the owners of the parent company.
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