HomeGlobal EconomyArab Finance - 25.3 million pounds in Prime profits during 9 months

Arab Finance – 25.3 million pounds in Prime profits during 9 months


 25.3 million pounds in Prime profits during 9 months

Arab Finance: Company announced Prime Holding for Financial Investments (PRMH)on the consolidated and independent unaudited business results indicators for the financial period ending on 09/30/2024; The combined indicators revealed achieving a net profit amounting to 25,287,292 pounds compared to profits amounting to 20,810,369 pounds during the comparative period of the previous fiscal year. At the level of independent indicators, they showed achieving profits of about 8,442,485 pounds compared to 4,107,283 pounds, according to statement Egyptian Stock Exchange.

Concerning indicators of unaudited, consolidated and unconsolidated business results for the financial period ending on 06/30/2024; where Shown are the aggregated indicators Achieving profits amounting to 13,590,202 pounds, compared to profits amounting to 15,242,840 pounds during the comparative period of the previous fiscal year.

At the level of independent indicators, it revealed that net losses amounted to 665,856 pounds, compared to profits amounting to 178,822 pounds during the same period of the previous year.

About its business results for the first quarter of 2024, as the results showed a growth in total revenues of 30% on an annual basis, the company stated in Her statement Sent to the Egyptian Stock Exchange.

The company's purpose is to establish companies that issue securities or increase their capital and carry out the activity of custodians. The company works in the field of non-banking financial services, securities brokerage activity, management of securities portfolios and investment funds, investment research, direct investment, financial technology, and asset management.

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