Arab Finance: The extraordinary general assembly approved Lisico Egypt (LCSW)To merge both Lisico Ceramic Industries, International Ceramic and European Ceramic companies to the company, according to Statement The Egyptian Stock Exchange.
This is done on the basis of the book value of the inclusive company, and the integrated companies, according to the financial statements on December 31, 2022, the date that is based on the integration.
As well as approval of the report of the Public Investment Authority and Free Zones for the purpose of integration, which ended in determining the net shareholders ’rights in the Lisico Egypt company in accordance with the book value on December 31, 2022, with an amount of 222.718 million pounds.
On the results of her business during the period from 01/01/2024 to 12/31/2024, a net profit was made. Assembly It amounted to 890,332,908 pounds, compared to the company’s achievement for a net profit of 446,284,054 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 429,898,727 pounds, for a net profit of 188,929,355 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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