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 by EGP 2.89 million distributed across 289,370 shares.

The company will finance the capital increase through the deferred dividends from the year ended 31 December 2015.

The company reported net profits of EGP 2.5 million in 2015, up from EGP 938,700 a year earlier.