Cairo – Mubasher: CI Capital Holding for Financial Investments posted an EGP 1.07 billion consolidated net profit in 2023, up from EGP 865.36 million a year earlier.

The company’s consolidated operating revenues surged to EGP 5.85 billion last year from EGP 3.26 billion in 2022, according to the annual financial results.

Standalone Results

The standalone net profit leapt to EGP 370.92 million in 2023 from EGP 149.43 million the year before.

Standalone operating revenues jumped to EGP 14.27 million last year from EGP 5.94 million in 2022.

The earnings per share (EPS) hit EGP 0.330 in 2023, up from EGP 0.134 a year earlier.

Cash Dividends

The board of directors recommended against distributing dividends for the year 2023.

In the first nine months (9M) of 2023, CI Capital Holding reported a consolidated net profit of EGP 771.22 million, up from EGP 520.01 million in the corresponding period a year earlier.