Tuesday, March 9, 2021

24% growth in the combined profits of the “Arab Investment Recipient” during 2020

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The consolidated business results of the Arab Investment Forum showed a growth in consolidated net profits during 2020 by 24.1%, to reach 74.509 million pounds, compared to 60.051 million pounds in 2019.

Activity revenues decreased during the past year to reach 552.987 million pounds, compared to 620.773 million pounds in the comparative period.

The total profit during the same period rose to 212.258 million pounds, compared to 176.532 million pounds in the corresponding period.

Activity costs decreased during the period to reach 371.224 million pounds, compared to 444.240 million pounds during the corresponding period.

The article 24% growth in consolidated profits for the “Arab recipient of investments” during 2020 was written in Al-Borsa newspaper.

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24% growth in the combined profits of the “Arab Investment Recipient” during 2020