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AIH logs EGP 94.3M consolidated profit in 2021

AIH logs EGP 94.3M consolidated profit in 2021

ArabFinanceArabia Investments Holding (AIH) posted a consolidated net profit attributable to the parent company of EGP 94.28 million in the full year ended December 31st 2021, according to the company’s financial statements filed to the Egyptian Exchange (EGX).

This marks an increase from the consolidated profit of EGP 85.47 million recorded in 2020.

The company generated consolidated operating revenue of EGP 1.68 billion last year, slightly up from EGP 1.60 billion in 2020.

On the other hand, the company incurred standalone net loss of EGP 17.06 million in 2021, versus a loss of EGP 10.97 million in 2020.

AIH, formerly Arabia Investments Development Financial Investments Holding Company, is an Egypt-based company that invests in fields such as power, building materials, automotive, and oil and gas.

The company focuses on diversified development, offering infrastructure, construction, and industrial solutions.

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