EKH reports 41.09% YoY increase in consolidated net profits in 2022  

Updated 2/23/2023 2:39:00 AM
EKH reports 41.09% YoY increase in consolidated net profits in 2022

 

Arab Finance: Egypt Kuwait Holding Company (EKH) announced that its consolidated net profits after tax and non-controlling interests climbed 41.09% year-on-year (YoY) in 2022, according to the firm’s financial statement sent to the bourse on February 23rd.

The company achieved consolidated net profits attributable to the parent company of $241.062 million in 2022, compared to $170.859 million in 2021.

The company's revenues increased to $1.053 billion, compared to $767.513 million in 2021.

For standalone businesses, EKH’s profits after tax amounted to $86.186 million, up from $30.650 million.

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