10 / 6 / 2025 TUE
Arabian Cotton Ginning Company (ACGC)
✓ Financial period ending December 31, 2024 (6M)
Revenues: EGP 958 million
Net profit: EGP 18 million
Earnings per share: EGP 0.07
✓ Financial period ending December 31, 2023 (6M)
Revenues: EGP 1.3 billion
Net profit: EGP 304 million
Earnings per share: EGP 1.15
Alexandria Spinning and Weaving Company (SPIN)
✓ Financial period ending March 31, 2025 (9M)
Revenues: EGP 553.3 million
Net loss: -13.6 million
Earnings per share: -0.04 EGP
✓ Financial period ending March 31, 2024 (9M)
Revenues: EGP 467.4 million
Net profit: EGP 103.3 million
Earnings per share: EGP 0.32
☑ The decline in net profit and its transformation into losses resulted from an increase in selling and administrative expenses from EGP 44.8 million in the nine months ending March 2024 to EGP 89.4 million in the nine months ending March 2025, along with a decrease in interest income from approximately EGP 70 million to EGP 5.7 million.
19 / 5 / 2025 MON
SPIN
Unanimous approval was given to increase the issued capital from EGP 641.2 million to EGP 721.4 million, an increase of EGP 80.1 million, distributed over 40.0 million shares with a par value of EGP 2 per share. The increase will be financed from retained earnings and annual profits, based on the company’s financial position as of June 30, 2024, at a rate of 0.125 shares for every original share.