Arab Finance: Naeem Holding (NAHO) recorded $219,627 in consolidated net losses attributable to the parent company in the first nine months of 2023, compared to $88,452 in net profits during the same period in 2022, according to the company’s financial statement filed to the Egyptian Exchange (EGX) on November 14^th.

Total revenues came in at $6.224 million in the nine-month period, down from $10.501 million over the corresponding period a year ago

The firm garnered $701,203 in standalone net losses after tax from January through September 2023, against net profits of $139,454 in the year-ago period.

Meanwhile, standalone revenues hiked to $479,472 from $390,995.

Established in 1997, Naeem Holding is engaged in the provision of investment banking services within Egypt and abroad.

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