ODIN Investments logs EGP 9.6M in consolidated profit in FY2022/23

Updated 8/24/2023 10:28:00 AM
ODIN Investments logs EGP 9.6M in consolidated profit in FY2022/23

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.

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