Asek Company for Mining (Ascom) turned profitable at EGP 43.023 million in the first quarter (Q1) of 2025, compared to net losses of EGP 27.898 million a year earlier

The board members of Asek Company for Mining (Ascom) agreed to make a purchase offer for 90% of Ostool Transport’s shares, in exchange for EGP 641 million

Asek Company for Mining (Ascom) posted consolidated net profits attributable to the parent company worth EGP 67.671 million in the first nine months of 2024.

Asek Company for Mining (Ascom) incurred consolidated net losses attributable to the parent company of EGP 100.698 million in the first half (H1) of 2024, versus a net profit of EGP 44.669 million H1 2023.

ASEC Mining Company (ASCOM) announced that its fully owned subsidiary, APM Investment Holdings BVI, received 5.75 million shares from Canadian Allied Gold Corp in September as an installment for selling its stake in Kurmuk project.

Asek Company for Mining (Ascom) recorded consolidated net losses attributable to the parent company of EGP 27.898 million in the first three months of 2024, versus net profits of EGP 39.127 million during the same period in 2023.

Asek Company for Mining’s (Ascom) consolidated net profits attributable to the parent company hiked by 1,943.2% year on year (YoY) to EGP 1.96 billion in 2023, versus EGP 95.928 million.

Asek Company for Mining (Ascom) announced that its 100%-owned subsidiary APM Investment Holdings BVI has sold 2.2 million shares of Canadian Allied Gold Corp during the first quarter (Q1) of 2024 for a total of $5.16 million, as per a statement.

Asek Company for Mining’s (Ascom) board has approved decreasing its issued capital via writing off 5 million treasury shares.

Asek Company for Mining (Ascom) recorded consolidated net profits attributable to the parent company of EGP 2.260 billion in the first nine months of 2023, up by 1,586.86% from EGP 115.494 million during the same period in 2022.

Asek Company for Mining (Ascom) recorded consolidated net profits attributable to the parent company of EGP 44.669 million in the first half (H1) of 2023.

Asek Company for Mining (Ascom) recorded consolidated net profits attributable to the parent company of EGP 39.127 million in the first quarter (Q1) of 2023, compared to EGP 5.643 million in net losses in Q1 2022.

Asek Company for Mining’s (Ascom) consolidated net losses attributable to the parent company dropped 4.8% year on year (YoY) to EGP 80.77 million in 2022, compared to EGP 84.92 million, the firm’s income statement revealed on April 12th.