$ 3.5 million profit for Ciaf Leasing in the first half of 2018
In the first half of this year, Ciaf Leasing Company posted a profit of 3.5 million dollars, an increase of more than 10% over the same period last year, Chairman, Dr. Hassan Mohammed said, he expected a similar growth rate at least during the second half of 2018.
He said that, the company intends to increase its capital by 25 million dollars during the coming period to reach 75 million dollars, adding that it is considering two scenarios for the increase, the first of which 30% of the shares on the stock exchange, a proposal previously announced during the last period; and second: the desire of shareholders to inject new investments