Latest news with #financialinvestments
Zawya
3 days ago
- Business
- Zawya
Egypt: CI Capital's logs $7mln consolidated profits in Q1 2025
Arab Finance: CI Capital Holding for Financial Investments' (CICH) consolidated net profits attributable to the parent company plunged 59.41% year on year (YoY) in the first quarter (Q1) of 2025 to EGP 381.352 million from EGP 939.463 million, as per a filing. Operating revenues grew to EGP 2.129 billion in the first three months of the year from EGP 1.495 billion in the corresponding quarter a year earlier. At the level of the standalone financial statement, the company recorded net profits after tax of EGP 627.066 million in Q1 2025, rising from EGP 456.227 million in Q1 2024. Meanwhile, standalone operating revenues grew to EGP 14.538 million from EGP 16.821 million. CI Capital is a diversified financial services group, which provides advisory on capital raising as well as mergers and acquisitions, in addition to asset management, securities brokerage, custody, and research through its investment banking platform. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
3 days ago
- Business
- Zawya
Egypt: CI Capital's profits cross $7mln in Q1-25
Cairo – CI Capital Holding for Financial Investments generated consolidated net profits after tax valued at EGP 345.21 million in the first quarter (Q1) of 2025, versus EGP 999.02 million. Total revenues dropped to EGP 2.44 billion at the end of March 2025 from EGP 2.86 billion in Q1-24. Non-consolidated net profits after tax jumped to EGP 672.06 million in Q1-25 from EGP 451.22 million a year earlier, while the earnings per share (EPS) EGO 0.56 from EGP 0.41. Mahmoud Attalla, the Group's Executive Vice Chairman and Managing Director, said: 'CI Capital continues to expand its financial portfolio by a 15% increase YoY, reaching EGP 23.70 billion, reflecting its diversified business model and further cementing its leadership within the Egyptian market' CI Capital's Group CEO Hesham Gohar, mentioned: 'CI Capital, driven by the strength of its core operations, after excluding the impact of foreign exchange, recorded a 54% YoY increase in normalized net profit after tax and minority interest (NPATM), while revenues—on the same basis—rose by 35%.' Last year, the EGX-listed firm posted lower net profits at EGP 2.22 billion, versus EGP 1.07 billion in 2023.
Zawya
19-05-2025
- Business
- Zawya
Egypt: Raya Holding posts 12% YoY increase in Q1 2025 consolidated profits
Arab Finance: Raya Holding for Financial Investments logged consolidated net profits after minority interest of EGP 370.221 million in the first quarter (Q1) of 2025, a 12% year-on-year (YoY) from EGP 330.954 million, according to the income statements. Moreover, the revenues hiked by 24% YoY to EGP 12.881 billion at the end of March 2025 from EGP 10.413 billion. As for the standalone business, Raya Holding turned profitable at EGP 1.056 billion in the first three months of 2025, against net losses of EGP 173.387 million a year earlier. Earnings per share (EPS) hit EGP 0.21 in Q1 2025, compared to a loss per share of EGP 0.04 in Q1 2024 Non-consolidated revenues soared to EGP 1.187 billion from EGP 33.381 million. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
