Mubasher unveils top 100 listed firms in Egypt
Mubasher Financial Services has unveiled its list of the top 100 listed companies in Egypt last year, a ranking of the country’s top-performing firms in terms of performance.
The list was based on in-depth research conducted in cooperation with prominent business publication Amwal Al Ghad, said a statement.
Mubasher came to its assessments based on the performance of each company over the last three years to the period ended November 30, and excluded entities not listed on the Egyptian Exchange.
The firm assessed 202 companies, 108 of which saw negative returns and 94 of which saw positive returns once analysts factored in changes in market value during the period November 30, 2012 till November 30, 2015.
The companies were measured against change in value market; the total revenue of the company; the total revenue of the company; and the total revenue of the company.
Based on these criteria, Mubasher ranked each company and translated the ranking into final results, said the statement.