Consolidated net profit reached $15,205,311 (EGP 240,724,556), compared to $3,084,802 (EGP 48,837,382) achieved a year earlier.
Moreover, the standalone net profit increased to $13,858,449 (EGP 219,401,562) ended January 31st, a 117% climb from $6,393,944 (EGP 101,226,428) posted a year earlier.
Arafa Holding is an Egypt-based holding company engaged in Financial and Management Consulting, and Investment Activities. The company is organized into three business segment; the Retail Segment, the Apparel & Tailoring Segment and Textiles segment. It operates through managing and administrating its subsidiaries and affiliated companies.
At the press time, the exchange rate is $1 = EGP 15.83
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