Arab Finance: Company announced EFG Group (HRHO)announced the results of its consolidated and unconsolidated operations for the period ending on 09/30/2024, which showed achieving a net profit. assembly It amounted to 3.309 billion pounds, compared to a combined net profit of 1.684 billion pounds for the same period of the previous year.
The results also showed a net profit independent It amounted to 982.514 million pounds, compared to an independent net profit of 652.075 million pounds for the same period of the previous year.
EFG Holding – formerly EFG Hermes – is a leading financial institution that specializes in providing financial and investment services, which range from promotion, underwriting coverage, asset management, securities brokerage, research, and direct investment. This is in addition to providing non-banking financing services, which include financial leasing, microfinance, installment sales, factoring, securitization, collection, and bonding services. The purpose of the company is to participate in the establishment of companies that issue securities or in increasing their capital, the activity of central custodians, the operations of purchasing securities on margin, and the services of commercial banks.
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