Egypt .. Public share for silos and storage touches the highest price level in 5 months

The General Silos and Storage of Silos and Storage on the Egypt Stock Exchange managed to contact a price level that is the highest in more than 5 months, at the end of the Thursday session.

Where the highest price for the share during the session was at 200 pounds, while the lowest price was at 176.25 pounds, and the company’s shares rose at the end of today’s session by 5.32% to circulate at the price of 191.6 pounds.

The trading on the share of the Silos and Storage at the end of the session came through 134 trading operations, which included 12.21 thousand shares with a trading value of 2.31 million pounds.

Mali, the company achieved a growth in its net profits in the first half of the fiscal year 2024, by 46%, to reach 135.45 million pounds at the end of last December 2024, compared to its profits in the first half of the fiscal year 2023 of 92.69 million pounds.

The value of the company’s activity revenues reached 618.67 million pounds in the first half of the fiscal year 2024, compared to revenues of 541.63 million pounds in the first half of the fiscal year 2023.

The public for silos and storage is one of the oldest companies specialized in circulating and storing pills in the Middle East, and founded in May 1888, and the company began under the name of the Egyptian Albunad store company, then its name changed to the General Silos and Storage at the end of February of 1967.

The company provides various services that include storing and vaporizing grains, transportation, distribution, and customs clearance, which makes it a major player in the agricultural logistical services sector in Egypt.

The shares of the company have been listed on the Egypt Stock Exchange since the end of May 1996, where it operates within the retail sector with a focus on public goods stores, and its headquarters is located in the Egyptian capital, Cairo, and runs its operations through several major ports such as Alexandria, Damietta, Port Said, and Safaga, and the company seeks to maintain its leadership in the market by providing high -quality services at competitive prices, which enhances its position in the market trading market and services Logistics.