ArabFinance: Alexandria National Company for Financial Investment (ANFI) posted a net profit of EGP 5,933,497 for the first nine months of 2020, according to the company’s November 15th financial statements filed to the Egyptian Exchange.
In the same period of 2019, the company reported a net loss of EGP 421,613.
Cairo National Company for Investment and Securities earlier acquired the entire stake of ANFI in the National for Trading and Development Company at EGP 21.23 per share.
Established in 1996 and listed on EGX in 1998, ANFI provides investment banking services including investment advisory on mergers and acquisitions, initial public offering, and underwriting.