Al Tawfeek Leasing Company-A.T.LEASE (AT Lease) News - Mubasher Info
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30 July 05:05 AM

Al Tawfeek Leasing Company-A.T.LEASE (ATLC)

Last update: 29 July 01:25 PM market time.
5.18
0.79
17.95%
Open 5.23
Previous Close 4.40
High 5.23
Low 5.15
Stock Statistics
Volume 826,009
Turnover 4,269,609.50
All data are 15 minutes late during market session

News

Photo Archive
4 December 2024 04:05 PM CI Capital leads EGP 1.4bn securitisation bond issuance for AT Lease
Cairo – Mubasher: CI Capital Holding for Financial Investments has concluded an EGP 1.45 billion securitisation bond issuance for Al Tawfeek Securitization Company. The transaction was implemented on behalf of Al Tawfeek Leasing who acted as the …
Companies Investments
Photo Archive
14 September 2022 03:50 PM FRA nods to AT Lease’s EGP 150m capital raise
Cairo – Mubasher: The Financial Regulatory Authority (FRA) in Egypt has approved in principle the publication of Al Tawfeek for Financial Lease’s (AT Lease) invitation to senior shareholders for subscription in the company's capital hike. The …
Management Decisions
Photo Archive
5 September 2022 10:41 AM AT Lease’s EGM approves capital hike
Cairo – Mubasher: The extraordinary general meeting (EGM) of Al Tawfeek for Financial Lease (AT Lease) approved the board’s recommendation to raise the company’s authorised capital to EGP 1 billion from EGP 400 million. Additionally, it agreed to …
Corporate Actions
The company aims to deleverage its balance sheet
4 January 2021 04:48 PM AT Lease's unit receives preliminary approval to issue securitised bonds
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) announced that its 99.9%-owned subsidiary Al Tawfeek Securitization Co. received an initial approval for the second issuance of securitisation bonds, pending the completion of the …
Bonds
These services will help diversify the company’s revenue streams
14 October 2020 11:42 AM AT Lease starts factoring operations
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) has started its factoring operations in October with the signing of the first recourse factoring agreement, the CEO and Managing Director, Tarek Fahmi, said. This move is part of the …
Company News
AT Lease’s net profits fell to EGP 67.15 million in 2019
26 February 2020 05:14 PM AT Lease gets approval to raise capital to EGP 287.3m
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved a request to increase the capital of Al Tawfeek for Financial Lease (AT Lease) EGP 287.329 million from EGP 234.4 million. The company’s capital will be raised by EGP …
Corporate Actions
The board proposed distributing 0.2258 bonus share for every share held
19 February 2020 00:33 PM AT Lease’s profit down 4% in 2019; bonus proposed
Cairo – Mubasher: The consolidated financial statements of Al Tawfeek for Financial Lease (AT Lease) reported a 3.7% year-on-year fall in its net profits during 2019. Net profits went down to EGP 67.15 million last year from EGP 69.79 million in …
Financial Results
AT Lease aims to raise its capital to EGP 400 million by the end of 2022
28 January 2020 00:31 PM AT Lease obtains factoring licence
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) has been licensed by the Egyptian Financial Regulatory Authority (FRA) to conduct factoring operations. AT Lease aims to increase the value of contracts to cumulatively reach EGP 7 …
Corporate Actions
The banking sector is forecast to be the top beneficiary of the new amendment
23 December 2019 04:34 PM Ghabbour Auto among top beneficiaries of raising debt burden ratio – Report
Cairo – Mubasher: Several companies listed on the Egyptian Exchange (EGX) are expected to benefit the most from the Central Bank of Egypt’s (CBE) decision to raise the debt burden ratio of retail portfolio to 50%. The banking sector is forecast to …
Banking and Finance
Revenues increased to EGP 383.8 million
13 November 2019 11:14 AM AT Lease’s profit edges up in 9M unaudited financials
Cairo – Mubasher: The unaudited financial results of Al Tawfeek for Financial Lease (AT Lease) reported a slight profit rise during the first nine months of 2019. The company’s net profit inched up to EGP 52 million in the nine-month period ended …
Financial Results
Net profits edged down to EGP 34.104 million
7 August 2019 02:44 PM AT Lease’s profit inches down in H1
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) posted a 0.18% slight drop in its profits during the first half of 2019. Net profits edged down to EGP 34.104 million in the six-month period ended 30 June, compared to EGP 34.165 million …
Financial Results
Prime Holding purchased about 7.99 million shares
4 August 2019 11:52 AM Prime Holding acquires 10% stake in At Lease
Cairo – Mubasher: Pharos Securities announced that Prime Holding purchased a 9.99% stake in Al Tawfeek for Financial Lease (AT Lease). Prime Holding purchased about 7.99 million shares in a deal worth EGP 28.79 million at a value of EGP 2.6 per …
Corporate Actions
Revenues rose to EGP 202.29 million in Q1-19
9 May 2019 00:59 PM AT Lease posts 15% profit growth in Q1
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) reported a 15.3% year-on-year rise in its consolidated profits during the first quarter of 2019. The Egyptian firm’s net profits logged EGP 18.82 million in the January-March period of …
Financial Results
The company approved raising issued and paid-up capital to EGP 234.4 million
28 March 2019 01:48 PM AT Lease’s OGM approves EGP 0.25/shr dividend for FY18
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) on Thursday announced that its shareholders had approved distributing cash and in-kind dividends of EGP 0.25 per share for 2018 during an ordinary general meeting (OGM) held in the …
Corporate Actions
The board has proposed the distribution of 0.172-for-1 basis bonus shares
20 February 2019 03:38 PM AT Lease proposes 25.38 piasters/shr dividend for FY18
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) on Wednesday said its board of directors has recommended a cash dividend distribution of 25.38 piasters per share for 2018. Moreover, the board has proposed the distribution of …
Cash Dividends
Net profit reached EGP 69.79 million last year
20 February 2019 01:22 PM AT Lease profit up 19% in 2018
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) on Wednesday reported an 18.5% year-on-year increase in consolidated profits for 2018. Net profit reached EGP 69.79 million last year, versus EGP 58.87 million in 2017, the company said …
Financial Results
Profits totalled EGP 50.5 million in the nine-month period ended September
12 November 2018 04:25 PM AT Lease profit rises 15% in 9M
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) on Monday reported a 14.8% year-on-year increase in consolidated profits for the first nine months of 2018. Profits totalled EGP 50.5 million in the nine-month period ended September, …
Financial Results
The financing consists of EGP 200 million for AT Lease and another leasing firm each
27 August 2018 01:33 PM AT Lease mulls raising EGP 1.2bn financing for real estate firm
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) has said on Monday that it is considering to arrange an EGP 1.2 billion financing for one of the real estate firm in Egypt. The financing consists of EGP 200 million for AT Lease and …
Real estate
The company also projected sealing EGP 638 million leasing contracts at the end of June
30 July 2018 02:04 PM AT Lease eyes EGP 70m profit by end-2018
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) is looking to generate around EGP 70 million in net profit by the end of this year. The Egyptian leasing firm is expected to achieve a net profit of EGP 34 million during the first half …
Companies Investments
Revenues grew to EGP 181.3 million in Q1-18
7 May 2018 11:14 AM AT Lease logs EGP 16.32m profit in Q1
Cairo – Mubasher: Consolidated profits of Al Tawfeek for Financial Lease (AT Lease) rose slightly on annual basis during the first quarter of 2018 due to an increase in revenues. Consolidated profits stood at EGP 16.32 million in the three-month …
Financial Results
AT Lease’s accumulative portfolio has exceeded EGP 6 billion since 2006 until 2017
4 March 2018 01:25 PM AT Lease eyes EGP 1.2bn contracts in 2018
Cairo – Mubasher: Al Tawfeek for Financial Lease (AT Lease) is targeting new financial lease contracts worth EGP 1.2 billion in 2018, Al Masry Al Youm reported, citing CEO and managing director Tarek Fahmi. The Egypt-based company is also planning …
Companies Investments
EGX30 gained 0.81% or 122.64 points to 15,026.21 points
28 December 2017 01:38 PM EGX hits record highs Thursday on AT Lease’s 1st trade
By: Heba El- Kordy Cairo – Mubasher: The benchmark EGX30 index has touched new record above 15,000 points on Thursday, encouraged by the Commercial International’s (CIB) stock and trades on Al Tawfeek for Financial Lease (AT Lease). By 11:42 am …
Trading Activities
AT Lease soars 21.21% early Thursday
28 December 2017 11:49 AM AT Lease stock soars 21.21% early Thursday
Cairo – Mubasher: Al Tawfeek for Financial Lease’s (AT Lease) stock jumped by 12.21% during the first minutes of Thursday’s trading session. By 10:05 am Cairo time, the stock rose to EGP 8 at a turnover of EGP 14.7 million. On Tuesday, the …
Trading Activities
Investors subscribed in 134.4 million shares
24 December 2017 06:06 PM Al Tawfeek Leasing says IPO oversubscribed 28 times
By: Heba El-Kordy Cairo – Mubasher: Al Tawfeek Leasing Company’s IPO was oversubscribed by 28 times, according to Nabil Hashem, head of institutions at Mubasher Financial Services (MFS). Investors subscribed in 134.4 million shares of the IPO’s …
Initial Public Offerings
AT Lease is offering a maximum of 24% of the company’s shares both privately and publicly
20 December 2017 05:11 PM AT Lease shows high growth potential before PO - Analysis
Mubasher: AT Lease is an attractive and very rewarding investment opportunity that provides unique exposure to the growing leasing industry, according to a recent report by Okaz Stockbrokers and Investments. This is attributed to the …
Initial Public Offerings