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Assiut Islamic Trading (AITG)

Last update: 1 June 2022 00:27 PM market time.
2.43
-27.48
-96.42%
Open 28.50
Previous Close 28.50
High 4.13
Low 1.02
Stock Statistics
Volume 664
Turnover 1,610.28
All data are 15 minutes late during market session

News

The decision includes the delisting of 6.68 million shares
13 July 2021 04:42 PM EGX approves delisting of Assiut Islamic Trading's shares
Cairo - Mubasher: The Egyptian Exchange's (EGX) listing committee approved the delisting of the shares of Assiut Islamic Trading with an issued capital of EGP 66.846 million as of the beginning of the trading session on Wednesday, 14 July.  The …
The transaction involved the purchase of 211,560 shares
12 July 2021 04:18 PM Assiut Islamic Trading buys shares of investors negatively affected by delisting
Cairo - Mubasher: The Egyptian Exchange (EGX) said that Assiut Islamic Trading executed a transaction to buy the shares of investors who are negatively affected by the voluntary delisting decision. The transaction involved the purchase of 211,560 …
The request includes delisting 6.68 million shares
9 June 2021 00:11 PM Assiut Islamic Trading submits voluntary delisting request to EGX
Cairo – Mubasher: The Egyptian Exchange (EGX) has received a request from Assiut Islamic Trading to delist its shares from the bourse. Assiut Islamic Trading has asked for delisting 6.68 million shares at a nominal value of EGP 10 apiece as per …
ADIB Egypt sold 2.67 million shares for EGP 76.201 million.
31 March 2021 05:25 PM Three shareholders exit Assiut Islamic Trading for EGP 127m
Cairo – Mubasher: Three shareholders have exited Assiut Islamic Trading in three transactions worth EGP 126.98 million, averaging EGP 28.5 per share. The company said that the National Company for Trading and Development sold 220,200 shares for …
The MTO was executed on 4.888 million shares
30 March 2021 03:15 PM EGX implements MTO on Assiut Islamic Trading's shares at EGP 139m
Cairo – Mubasher: The Egyptian Exchange (EGX) announced the execution of a mandatory tender offering (MTO) on the shares of Assiut Islamic Trading. The MTO was carried out on 4.888 million shares at a total value of EGP 139.317 million, according …
Investors offered an acquisition price of EGP 28.5 per share
22 March 2021 00:24 PM Assiut Islamic Trading's FV assessed at EGP 22.35/shr
Cairo – Mubasher: Assiut Islamic Trading announced that a financial advisor assessed the stock’s fair value (FV) at EGP 22.35, according to a bourse disclosure on Monday. Earlier, the Financial Regulatory Authority (FRA) approved the publication …
Revenues dropped to EGP 11.34 million last year
25 February 2021 00:38 PM Assiut Islamic Trading's profit rises 13% in 2020; Chairman votes against proposed dividends
Cairo – Mubasher: Assiut Islamic Trading posted a 13% year-on-year (YoY) growth in its net profits, registering EGP 8.17 million in 2020, compared to EGP 7.22 million. Revenues dropped to EGP 11.34 million last year from EGP 12.12 million in 2019, …
The retail investors offered to acquire at least 51% of the company at EGP 28.5 per share
23 February 2021 03:46 PM FRA greenlights MTO for Assiut Islamic Trading.
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved the publication of the mandatory tender offer (MTO) submitted by Mohamed Shalaby, Amr Ibrahim Aboul Oyoun, and others to acquire Assiut Islamic Trading. The offer …
Assiut Islamic Trading registered a net profit worth EGP 1.69 million in Q1-19
28 July 2019 01:15 PM Assiut Islamic Trading’s profits up 42% in H1-19
Cairo- Mubasher: The financial statements of Assiut Islamic Trading indicated a 42.2% year-on-year increase in profit during the first half of 2019. Net profits stood at EGP 3.46 million during the period, compared to EGP 2.43 million in the …
AITG's net profits amounted to EGP 3.2 million last year
18 February 2018 01:24 PM Assiut Islamic Trading's profit rises 33% in 2017
Cairo – Mubasher: Assiut Islamic Trading  (AITG) on Sunday reported a 33% year-on-year hike in net profits in 2017, encouraged by the growth of revenues. AITG's net profits amounted to EGP 3.2 million last year, compared to EGP 2.4 million in …
(Photo credit: Arabianeye - Reuters)
13 February 2017 11:26 AM Assiut Islamic Trading profits decline 23% in Q4
Cairo – Mubasher: Assiut Islamic Trading posted on Monday a fall of 23.4% in the company’s profits for the fourth quarter of fiscal 2016 to EGP 490,000, versus EGP 640,000 for Q4-15. Net profit for the fiscal year 2016 increased 5.1% to EGP 2.48 …
Assiut Islamic Trading files with EGX for listing post – capital increase shares
2 November 2016 04:33 PM Assiut Islamic Trading files with EGX for listing post – capital increase shares
Cairo – Mubasher: Assiut Islamic Trading filed a disclosure report to the Egyptian Exchange (EGX) in order to list its post – capital increase shares. Assiut Islamic Trading aims to raise its capital from EGP 57.87 million to EGP 60.7 million, up …
Assiut Islamic Trading profits up 20% in Q3
26 October 2016 00:03 PM Assiut Islamic Trading profits up 20% in Q3
Cairo – Mubasher: Assiut Islamic Trading reported an increase of 20% in net profits for the third quarter of 2016. The company posted net profits of EGP 434,000 for Q3-2016, up from EGP 360,000 for the same period a year earlier. As for the first …
Photo Credit: Arabianeye-Reuters
22 August 2016 04:45 PM Assiut Islamic Trading H1 profits drop 33%
Cairo - Mubasher: Assiut Islamic Trading announced a 21% decrease in profits in the second quarter of 2016 to EGP 798,070 ($89,700) compared to EGP 1.01 million ($113,500) in the same period last year. Profits also declined 33.09% in H1-16 to EGP …
Photo Credit: Arabianeye - Reuters
6 March 2016 02:33 PM Assiut Islamic Trading posts EGP 2.5m profits in 2015
Cairo – Mubasher: Assiut Islamic Trading reported an increase of 170% in net profits for 2015. The company saw net profits of EGP 2.5 million in 2015, up from EGP 939,000 in the previous year. The firm posted earlier, net profits of EGP 1.72 …
Photo Credit: Arabianeye - Reuters
14 December 2015 11:10 AM Assiut Islamic buys EGP4.3m real estate units from ADIB
Cairo – Mubasher: Assiut Islamic Trading Company said Monday it purchased eight real estate units from ADIB – Egypt. The units, valued at EGP 4.3 million, are located in Wataniya Towers in Assiut, the company added. It noted that these units will …
Photo Credit: Arabianeye-Reuters
2 August 2015 02:43 PM Assiut Islamic Trading profits surge 256% in H1
Cairo – Mubasher: Assiut Islamic Trading's net profits for the first half of 2015 leaped 256.5% to EGP 1.36 million compared with EGP 382,770 for the same period of 2014. Meanwhile, the company's total income reached EGP 3.56 million for H1-2015, …
Photo Credit: Arabianeye-Reuters
17 February 2015 10:53 AM Assiut Islamic profit plunges 47.3% in 2014
Assiut Islamic Trading disclosed its financial statements for the fiscal year ended December 31 , 2014.The statements have reflected EGP938.7 thousands ($123 thousands) net profit compared to EGP1.8 million ($236 thousands) for the previous year, …
5 November 2014 03:18 PM Assiut Islamic sells ADI Lease stake to ADIB for EGP5.6m
Assiut Islamic Trading Co. announced carrying out an equity transfer transaction for its shareholding in ADI Lease to ADIB-Egypt.A total of 1 million shares were sold at EGP 5.56 each, totaling EGP 5.6 million. ADIB-Egypt had previously …
22 September 2014 02:50 PM Assiut Islamic set to sell ADI Lease stake to ADIB in EGP12.6mln deal
Assiut Islamic Trading Co. announced that it is set to carry out an equity transfer transaction for its shareholding in ADI Lease to ADIB-Egypt.A total of 2.258 million shares will be sold at EGP 5.56 each, totaling EGP 12.6 …
22 September 2014 10:48 AM El Kahera El Watania set to sell Adiles stake for EGP 556 THD
El Kahera El Watania Investment said it is close to selling 100 thousand shares of Adiles Leasing to Abu Dhabi Islamic Bank – Egypt (ADIB) at EGP 5.56 each, totaling EGP 556 thousand.The bank had earlier said the deal of purchasing …
11 August 2014 11:41 AM Assiut Islamic Trading H1 profit jumps 95%
Assiut Islamic Trading Co. posted EGP 382.8 thousand net profit for the six-month period that ended on June 30, 2014, representing an increase by 95% compared with EGP 196.7 thousand net profit reported in the same period a year …