Arab Finance: ODIN Investments (ODIN) achieved a EGP 9.564 million in consolidated net profits attributable to the parent company in the elapsed fiscal year (FY) 2022/2023, according to the firm’s financial statements sent to the Egyptian Exchange (EGX) on August 24th.
In the period from January 1st to June 30th, 2022, the company suffered a net loss of EGP 3.678 million.
Revenues hit EGP 46.766 million during the July 2022-June 2023 period, while it totaled EGP 5.555 million in the six-month period June 30th, 2022.
The company recorded standalone net profits after tax of EGP 203,821 during FY 2022/2023, while it incurred standalone net losses of EGP 1.973 million in the first six months of 2022.
ODIN is an Egypt-based leading investment company with a diversified experience in general investment, particularly the real estate and the financial services sectors.