Cairo -Mubasher: The board of B Investments Holding has issued a resolution to carry on with the procedures for listing and offering its subsidiary, Gourmet Egypt, on the Egyptian Exchange (EGX).
The resolution also covers the sale of a portion of B Investments’ stake in Gourmet Egypt through an initial public offering (IPO), according to a bourse filing.
During the first half (H1) of 2025, the EGX-listed company recorded 65.72% lower consolidated net profits after tax at EGP 436.24 million, compared to EGP 1.27 billion in H1-24.