Earnings Report /

HRHO: 4Q21 – Strong operational year despite higher opex and unfavorable base effect

  • Strong annual performance came on the back of strong NBFIs revenues (+41%) coupled with aiBank revenue contribution

  • IB platform revenues were dragged down as the comparable year included non-recurring PE exit fee and unrealised gains

  • Moderate increase in group OPEX driven by lower investment bank platform OPEX while NBFI and aiBank boosted opex

Al Ahly Pharos Securities Brokerage
24 March 2022


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