ADIB Egypt logs block trading deal worth over EGP 541m

Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block trading deal worth EGP 541.12 million on the shares of Abu Dhabi Islamic Bank-Egypt (ADIB Egypt).

The transaction was executed on 30.40 million of the bank’s shares, according to a stock exchange filing.

During the first nine months (9M) of 2022, ADIB Egypt registered EGP 1.58 billion in consolidated net profits, a year-on-year (YoY) increase from EGP 1.06 billion.   

Basic earnings per share (EPS) amounted to EGP 6.79 during the nine-month period ended 30 September 2022, compared to EGP 4.61 in the year-ago period.

Interest income during the January-September 2022 period rose to EGP 3.43 billion, compared to EGP 2.60 billion in the same period in 2021.

Mubasher Contribution Time: 18-Dec-2022 06:34 (GMT)
Mubasher Last Update Time: 18-Dec-2022 06:34 (GMT)