Naeem Holding adds $1.57M consolidated profits in 2021

Updated 3/1/2022 10:40:31 AM

ArabFinanceNaeem Holding (NAHO) reported consolidated profits excluding minority interest of $1.571 million in 2021, compared to a loss of $1.380 million in 2020, according to financial statements filed to the Egyptian Exchange (EGX) on Tuesday.

The company posted a standalone net profit after tax of $ 398,171 in the full year ended December 31st 2021, versus a net loss of $2.807 million the year before, financial statements showed.

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