Thndr Claps » EGY Claps » EGX 🔔 » Contact Financial sees block trade deal; reports earnings📈
The ClapContact Financial Holding (CNFN) saw a block trade deal on its shares & reported its 2021 earnings.
Claps ClassBlock trades are large, privately negotiated securities transactions. They are arranged away from public markets to lessen the effect on the security’s price.
The deal was executed on 9.36 million shares for a total of EGP 37.4 million, as part of the employee reward & incentive system.
EarningsCNFN’s 2021 net profits recorded EGP 465 million, a 32% YoY increase.
The company’s total financing portfolio reached EGP 10.3 billion in 2021, a 33% YoY increase.
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