Assiut Islamic Trading buys shares of investors negatively affected by delisting

Cairo - Mubasher: The Egyptian Exchange (EGX) said that Assiut Islamic Trading executed a transaction to buy the shares of investors who are negatively affected by the voluntary delisting decision.

The transaction involved the purchase of 211,560 shares for EGP 28.5 apiece, the EGX said in a statement on Monday. 

During the first quarter (Q1) of 2021, the company achieved net profits of EGP 2.2 million, up from EGP 1.73 million in Q1-20.

The revenues increased to EGP 3.64 million in the January-March period, compared to EGP 3.29 million in the same period in 2020.

Mubasher Contribution Time: 12-Jul-2021 13:18 (GMT)
Mubasher Last Update Time: 12-Jul-2021 13:18 (GMT)