Wegagen Capital Swings to 46.6m Birr Profit as Advisory, Trading Revenue Surge
Wegagen Capital Investment Bank reported 46.6 million birr in profit before tax in its first full year of commercial operations, reversing a loss in the previous period as advisory services and securities trading drove a sharp increase in revenue. The investment bank, a subsidiary of Wegagen Bank, reported revenue of 140.99 million birr for the...