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Amer Group sees EGP 396m block trading deal

Amer Group sees EGP 396m block trading deal
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Amer Group
AMER
0.76% 1.33 0.01

Cairo – Mubasher: The Egyptian Exchange (EGX) announced an EGP 396.17 million block trading deal on the shares of Amer Group Holding Co.

The deal was executed on 440.19 million of Amer Group's shares at a price of EGP 0.89 per share, according to a bourse filing on Sunday.

It is noteworthy to mention that in the first nine months (9M) of 2021, the company reported consolidated net profits of EGP 187.92 million, a leap of 1,783% year-on-year (YoY) from EGP 9.98 million, including minority shareholders' rights.