Arab Finance: A Capital Holding recorded consolidated net profits attributable to the parent company amounting to EGP 93.209 million since its inception on January 18th, 2023, until September 30th, according to the company’s financial statements on November 15th.
Consolidated revenues stood at EGP 559.140 million during the aforementioned period.
Regarding the standalone business, the firm registered a net loss after tax of EGP 3.030 million.
No standalone revenues were reported since inception.
A Capital Holding is a firm demerged from Amer Group Holding (AMER).
On May 10th, the Financial Regulatory Authority (FRA) approved starting trading on A Capital Holding’s 902.789 million shares.
On December 19th, the extraordinary general meeting (EGM) of Amer Group approved the horizontal demerger of the company into two companies.