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Arab Finance – Arabia Investments reduces its profits by the end of September 2024


Arabia Investments reduces its profits by the end of September 2024

Arab Finance: Company announced Arabia Investments Holding (AIH) About the results of its consolidated and unconsolidated business operations during the financial period ending on 09/30/2024, which showed achieving a net profit. assembly It amounted to 9.570 million pounds, compared to the company achieving a net profit of 27.146 million pounds during the same period of the previous year.

In the same context, the company achieved a net loss Independent During the financial period ending on 09/30/2024, it was estimated at about 6.575 million pounds, compared to a net profit of 398,524 pounds, during the comparative period of the previous fiscal year.

It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.

The company's purpose is to participate in the establishment of companies that issue securities. The company owns several investments in subsidiary companies operating in the fields of financial leasing, car installments, contracting, and car trading.

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