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Egypt Kuwait Holding starts trading on EGP-denominated shares on Sunday

Egypt Kuwait Holding starts trading on EGP-denominated shares on Sunday
The number of shares traded in EGP represents 68.4% of total shares
EKH
EKHO
1.18% 1.38 0.02

Cairo – MubasherEgypt Kuwait Holding (EKH) announced that trading on the company’s shares in the Egyptian pound for shareholders who converted the trading currency will come into effect on Sunday, 19 September.

The number of shares traded in EGP reaches 461.277 million, representing 68.4% of total shares, while the number of shares traded in the US dollar amounts to 213.341 million shares, representing 31.6% of total shares, the company said in a statement to the Egyptian Exchange (EGX) on Thursday. 

In the first half (H1) of 2021, EKH reported net profits of $109.29 million, up by 36% year-on-year (YoY) from $80.24 million.