GFH Financial Group BSC (BAH:GFH)
$ 0.321 -0.002 (-0.62%) Market Cap: 1.15 Bil Enterprise Value: 1.94 Bil PE Ratio: 10.36 PB Ratio: 1.16 GF Score: 13/100

Q4 2023 GFH Financial Group BSC Earnings Call Transcript

Feb 14, 2024 / 10:00AM GMT
Release Date Price: $0.262
Surya Hariharan
GFH Financial Group BSC - Group CFO

Good afternoon, and welcome to GFH Financial Group's results presentation for the full year of 2023. My name Surya Hariharan, and today I'm joined by our CEO Mr. Hisham Ahmed Al-Rayes, along with my colleagues from the senior management team on the call.

As you all know, the past few years have been a roller coaster ride for global markets with challenges like inflation, rising profit rates and geopolitical tensions making the headlines. But it's during these times that the company's true strength shines through. GFH's diversified and prudent asset allocation strategy helped us to overcome a year full of macro and geopolitical surprises. Today, I'm excited to share with you how we have navigated this challenging times and delivered another year of solid financial performance in 2023.

Key milestones achieved by the Group for the year 2023 are as follows. Net profit attributable to shareholders of USD102.9 million, up by 14%. Consolidated net profit for the year of USD105.2 million, an increase of 7.7% rise in total income for the year

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