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 EGP 6.27 million, according to a bourse disclosure on Wednesday.

In addition, El Kahera El Watania Investment sold 1.56 million shares for EGP 44.499 million, while Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) sold 2.67 million shares for EGP 76.201 million.  

In 2020, Assiut Islamic Trading posted net profits of EGP 8.17 million, up from EGP 7.22 million a year earlier.