The group is targeting expansion in most Arab countries, according to a filing to the Egyptian Exchange (EGX).
The company stated Sunday that this comes in line with its future plans and aspirations for growth and development in preparation for submitting to the extraordinary general assembly for approval and approval.
As per standalone profits, AMER recorded profits of LE 34.04 million in 2020, compared to LE 60.43 million in 2019.
As per standalone results, the company turned into profitability by LE 72.144 million, compared to losses of LE 12.8 million in 2018.
Turnover lost LE 900 million to register LE 2.6 billion this week after recording LE 3.5 billion last week.
Market capitalization dropped LE 8.5 billion, or 1.2 percent, falling to LE 689 billion compared to LE 697.58 last week.
Market capitalization lost 2 percent and reached LE 698 billion in comparison with the previous week.
Egyptian Exchange's indices saw a mixed performance week that ended July 27. Turnover lost LE 1.3 billion ($72.7 million) to register LE 3.2 billion.
Egyptian Exchange's indices saw negative week ended July 20, however, turnover gained LE 4.8 billion, registering LE 5.4 billion .