عربــى

EGX 30 14,295.13 -1.69%



INTERVIEW: Arabia Investment posts highest profits since listing: Deputy Chairman

INTERVIEW: Arabia Investment posts highest profits since listing: Deputy Chairman

Arab Finance: Arabia Investments Holding (AINH) achieved in the fiscal year 2018 the highest profits since listing, the company’s Deputy Chairman, Hazem Zifzaf, told Arab Finance Wednesday.

Zifzaf added that the return on equity (ROE) and return on capital (ROC) have exceeded 20% and 40%, respectively.

Arabia Investments will continue to finance the non-banking financial services sector through the direct capital increase or via securitization, the Deputy Chairman stated.

During the fiscal year that ended on December 2018, the EGX-listed firm posted consolidated net profits of EGP 72.8 million, against net losses of EGP 180.4 million incurred during a year-ago period.

Watch the exclusive interview with deputy chairman & MD of Arabia Investments Holding, Hazem Zifzaf in full here:

 

All rights reserved to Arab Finance 2015 ©

Back to top