Arab Finance: Alexandria National Company for Financial Investment’s (ANFI) net losses after tax dropped 90.7% year on year (YoY) in the first half (H1) of 2023 to EGP 427,929, down from EGP 4.605 million, as per a statement on July 30th.
Meanwhile, the company registered EGP 124,807 in operating revenues in H1 2023, against operating losses of EGP 3.957 in H1 2022.
Alexandria National Company for Financial Investment is an Egypt-based company that is focused in promoting and underwriting securities; co-founding companies, which issue securities, and forming and managing securities portfolios.