By Patrick Kagenda

Citadel Capital the leading investment company in Africa and the Middle East, has announced its standalone financial results for the fourth quarter and full year 2013, reporting a net profit of US$ 1.51 million on revenues of US$ 18.19 million for FY13.

heikal
Ahmad Heikal

Commenting on the performance, Citadel Capital Chairman and Founder Ahmed Heikal said, “Prudent management mitigated risk across the board in 2013 at Citadel Capital as a standalone entity and across our portfolio of core and non-core investments.

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