Arab Finance: A company announced Feasibility for Industrial Development (GDWA)On the results of her business during the period from 01/01/2024 to 12/31/2024, which showed a net profit achievement Assembly It amounted to 1,144,807,723 pounds, compared to the company's achievement for a net profit of 1,000,296,518 pounds during the period from 01/01/2023 to 12/31/2023.
In the same context, the company achieved a net profit Independent For the period from 01/01/2024 to 12/31/2024, estimated at 1,056,784,635 pounds, for a net profit of 819,563,753 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.
On the results of its work for the nine months ending on 09/30/2024, as the revenues increased by 71% to record 14.4 billion pounds compared to 8.4 billion pounds during the same period in the previous year, the company mentioned in Its statement The sender to the Egyptian Stock Exchange.
Fear is a leading company in the field of industrial development and investment, founded due to the horizontal separation of Pioneers Holding Company into three companies in 2021. As a leading company in the market in the industrial development sector, the company operates in four basic sectors locally and internationally and has ownership in many companies listed on the Egyptian Stock Exchange, including the Egyptian Electric Cable Company and the Global Company for Packaging and Paper materials (UNIPACK), And the Arab Dairy Products Company
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