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Egypt: Al Ahly for Development’s consolidated profits hike 281% YoY in Q1 2024

Al Ahly for Development and Investment’s (AFDI) consolidated net profits after tax and non-controlling interest soared 280.5% year on year (YoY) to EGP 50.926 million in the first quarter (Q1) of 2024, compared to EGP 13.383 million, according to a filing. Revenues came in at EGP 92.937 million in the…

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