Saudi Egyptian Investment logs EGP 15.8M profit in 9 months
Updated 10/28/2021 4:02:00 PM
ArabFinance: Saudi Egyptian Investment and Finance (SEIG) reported a 5.22% year-on-year drop in net profit after tax for the first nine months of 2021, according to the company’s financial indicators filed to the Egyptian Exchange (EGX).
Net profit after tax stood at EGP 15.806 million in the January-September period of 2021, compared to a net profit of EGP 16.67 million in the year-ago period.
Operating revenue amounted to EGP 21.27 million in the nine-month period ended September 30th, 2021, down 3.04% from EGP 21.94 million in the same period of 2020.
Saudi Egyptian Investment is an Egypt-based public shareholding company that is engaged in undertaking investment activities in different business sectors, as well as providing different financial services. The Company owns several investment stakes in different companies, funds and portfolios.
