Cairo – Mubasher: Citadel Funds for Economical Consultations has denied what was printed on the sale of a stake in TAQA.
The organization verified currently in a assertion, in response to the Egyptian Stock Trade pertaining to the 14% improve in the Citadel’s stake in the time period August 16-21, that there are no undisclosed content functions that could impact the share cost on the title trade.
Curiously, Qalaa for Monetary Consulting posted losses of £ 5.7 billion in 2021, as opposed to losses of £ 9.57 billion in 2020, taking into account minority rights.
Losses for shareholders of the mother or father business have been all over £ 2.27 billion in excess of the past 12 months, compared to losses of £ 2.55 billion in 2020.
Losses from minority holdings totaled £ 3.43 billion in 2021, in contrast to losses of £ 7.02 billion in 2020.
The firm’s revenues rose to £ 45.8 billion in 2021, when compared to revenues of £ 35.97 billion in 2020.
At the stage of the non-consolidating firm, the losses of the impartial organization have lessened in the final yr to 509.46 million kilos, in comparison to losses of 510.29 million lbs . in 2020.
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“The Citadel” reduced losses by 20.8% in the very first 50 percent
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