Cairo – Mubasher: The consolidated net profits after tax of B Investments Holding hiked to EGP 1.65 billion in 2024 from EGP 693.76 million in 2023.

Basic and diluted earnings per share (EPS) stood at EGP 7.46 last year, higher than EGP 3.17 in 2023, according to the annual financial results.

Revenues increased to EGP 970.24 million in 2024 from EGP 569.32 million a year earlier.

Standalone Financials

Non-consolidated profits after tax jumped to EGP 951.56 million last year from EGP 484.39 million in 2023, while the basic and diluted EPS 4.75 from EGP 2.96.

The revenues dropped to EGP 291.23 million from EGP 594.44 million.

Dividends

The board members approved the dividend distribution proposal of EGP 1.25 per share to be ratified by the shareholders at the annual general assembly meeting.

As of 30 September 2024, the consolidated net profits after tax surged to EGP 1.61 billion from EGP 619.44 million in the year-ago period.