Arab Finance: The board of directors decided HRHO group (HRHO)Held on 22-07-2025 capital reduction for the source company from 7,298,030,040 pounds to 7,179,465,040 pounds, according to Statement The Egyptian Stock Exchange.
The reduction comes by executing 23,713,000 shares, which are treasury shares that have been purchased for more than a year, thus becoming the number of exported shares 1,435,893,008 shares.
On the results of her collected and unacceptable business for the financial period ending 31/03/2025, it showed a net profit achievement Assembly It amounted to 1.204 billion pounds, compared to a net profit of a complex of 1.816 billion pounds for the same period in the previous year.
The results on the financial period ending on 31/03/2025 also showed a net profit Independent It amounted to 2.160 billion pounds, compared to a net profit of 1.444 billion pounds for the same period in the previous year.
The previous EFG Holding – the Hermes Financial Group – is a leading financial institution that specializes in providing financial and investment services, which vary between promoting and covering subscription, asset management, mediation in securities, research and direct investment, in addition to the advancement of non -disobedient services that include financing rental and microfinance and microfinance and services. Selling in installments, dispensing, storming, collecting and governing.
The purpose of the company is to participate in the establishment of the companies that issue financial papers or in increasing its capital, the activity of the central conservation secretaries, the purchase of securities by margin, and commercial bank services.
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