Amer Group’s consolidated profits up 36.5% YoY in 2024
Updated 2/27/2025 12:14:00 PM
Arab Finance: Amer Group Holding posted 36.57% higher consolidated net profits attributable to the shareholders valued at EGP 60.221 million in 2024, versus EGP 44.092 million in 2023, according to the financial results.
Earnings per share (EPS) increased to EGP 0.06 in 2024 from EGP 0.04 a year earlier, while the revenues hiked to EGP 1.415 billion from EGP 1.232 billion.
As for the standalone business, the net profits after tax climbed to EGP 10.191 million at the end of December 2024 from EGP 2.758 million in 2023.
Non-consolidated EPS amounted to EGP 0.010 in 2024, while the revenues hit EGP 6.493 million.
In the first nine months of 2024, the group’s consolidated net profits attributable to the parent company plunged by 46.71% YoY to EGP 19.704 million from EGP 36.979 million.
Related News
