DAPH
Cairo - Mubasher: Shareholder Hani Osman Hussein Al Hinnawy increased his stake in Development and Engineering Consultants Company (DAPH) from 4.69% to 5.01%, Honest Brokerage and Book Keeping stated.
Al Hinnawy bought 51,000 shares worth EGP 589.010 at EGP 11.55 per share, the company said in a statement to Egyptian Exchange (EGX) on Thursday.
DAPH’s capital amounts to EGP 226.8 million distributed on 16.2 million shares with a nominal value of EGP 14 per share.
The company’s profits during 2016 rose 230.8% to EGP 46.59 million compared to EGP 14.08 million last year.
At the end of Wednesday’s trading session, DAPH’s stock rose 8.07% reaching EGP 11.52.