Alexandria National’s net loss hike 943.5% YoY in H1
Updated 8/7/2022 10:47:05 AM
Arab Finance: Alexandria National Company for Financial Investment (ANFI) reported a 943.46% year-on-year (YoY) surge in losses for the first half (H1) of 2022, according to the company’s financial statement filed to the Egyptian Exchange (EGX) on August 7th.
The company incurred a net loss after tax of EGP 4.605 million in H1 2022, versus a loss of EGP 441,320 in H1 2021.
Established in 1996 and listed on EGX in 1998, ANFI provides investment banking services including investment advisory on mergers and acquisitions, initial public offering, and underwriting.
