ArabFinance: Al Orouba Securities Brokerage Company (EOSB) will continue in its business despite that the loss exceeding 50% of its capital, according to the company’s statement to the Egyptian Exchange on March 31st.
The listed company achieved a net profit of EGP 490,647 in 2020, against a net loss of EGP 844,051 in 2019.
Established in 1987 and listed on EGX in 2008, Al Orouba operates within the diversified financial sector, focusing on investment banking and brokerage.