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Arab Moltaqa records EGP 145m net profits in 2021

Arab Moltaqa records EGP 145m net profits in 2021
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Arab Moltaqa Investments
AMIA
-1.73% 2.84 -0.05

Cairo – Mubasher: Arab Moltaqa Investments reported consolidated net profits of EGP 144.94 million in 2021, compared to EGP 97.93 million in 2020, including minority shareholders’ rights.

The company generated EGP 588.28 million in revenue last year, up from EGP 552.98 million in 2020, according to a bourse disclosure.

The earnings per share (EPS) settled at EGP 0.21 in 2021, against EGP 0.18 a year earlier.

As for the standalone financials, the company achieved net profits of EGP 83.63 million last year, compared to EGP 35.51 million in 2020.