Commercial International Bank - Egypt (COMI) has just released its earnings for the first quarter of 2024, unveiling an impressive surge of +96% in net profits. The bank reported a net profit of EGP 11.92 billion, surpassing the EGP 6.06 billion recorded for the same period last year.
Moreover, the basic earnings per share for the quarter stood at EGP 3.50, marking a notable rise from EGP 1.78 per share reported during the corresponding period in the previous year.
The last traded price of COMI shares as of the session on May 12, 2024, stands at EGP 72.80 per share, reflecting a change of -0.71%. The total volume traded amounted to 1.28 million shares.
Earnings Source: CIB website IR section click here for the Link
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