Cairo – Mubasher: Raya Holding for Financial Investment logged consolidated profits after tax worth EGP 1.89 billion in 2024, up year-on-year (YoY) from EGP 563.88 million.
The revenues hiked to EGP 45.11 billion at the end of December 2024 from EGP 31.29 billion a year earlier, according to the annual financial results.
Standalone Results
The EGX-listed firm recorded net losses valued at EGP 566.90 million last year, higher than EGP 126.93 million in 2023.
Total revenues amounted to EGP 447.48 million in the 12-month period that ended on 31 December 2024 from EGP 518.29 million in 2023. Non-consolidated loss per share climbed to EGP 0.13 from EGP 0.05.
During the first nine months (9M) of 2024, Raya Holding registered EGP 1.27 billion in net profit, versus EGP 489.22 million in 9M-23.
