Thndr Claps » EGY Claps » EGX 🔔 » Forbes’ top 50 EGX-listed companies 🔝
The ClapDespite the current economic crisis, EGX-listed companies saw an improved performance, according to Forbes Middle East.
The deetsForbes ranked the top 50 EGX-listed companies in terms of market value, sales, assets, and profits.
The combined value of assets equaled $142 billion, and total market cap reached $28.5 billion. These companies collectively achieved $39.1 billion in revenues, while profits amounted to $5.4 billion.
The financial services and banking sector dominated the list with a total of 16 companies, followed by the real estate sector with eight companies, and the industrials sector with seven.
The first 3 positions were dominated by CIB, Qatar National Bank, & Telecom Egypt. Talaat Moustafa Group was the largest real estate company on the list.
Why this matters2021 witnessed an increase in the revenues of the top 10 companies by 31% year-on-year, to reach $22.8 billion. Profits increased by 59% YoY, recording $3 billion.
For the full list of companies, click here.
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