“Belton Holding” maintains record growth rates of 4.6 times from last year

Beltone Holding Company (“Belton” or “The Company”) announced its financial results for the 2024 fiscal year, as it continued to reap the fruits of the growth strategy followed and the action model based on data science.

Standard financial results, most notably the registration of collected revenues of 7.2 billion pounds, achieved a growth of about 4 times the previous year. The net profit reached 1.7 billion pounds, at a rate of an increase of 4.6 times from the previous year thanks to the strong results achieved through all companies affiliated with the non -banking financial activities platform and the strong performance of the investment bank platform.

The total non -banking credit portfolio of the group reached 26.1 billion pounds at the end of 2024, more than twice as much as the previous year.

In this context, Dalia Khorshid, CEO and Managing Director of Beltone Holding, explained that the company’s results during the year reflect its strategic vision and approach based on data science and high operational efficiency, as Beltone has succeeded in enhancing its leadership thanks to its ability to seize opportunities with strong growth and the components of digital expansion .

Khorshid stressed that the company is determined to continue to consolidate its pioneering position and geographical expansion to achieve sustainable growth by enhancing innovation and accelerating the pace of digital transformation.

The non -banking financial activities platform succeeded in enhancing market results and shares for all subsidiaries, as operating revenues recorded 5.8 billion pounds, with an annual growth rate of about 6 times the previous year, as this came thanks to the outstanding performance of each of the financing leasing companies, consumption financing, and financing Monitoring, direct investment, risk capital, and real estate financing, in addition to launching innovative services to finance small and medium enterprises, as subsidiaries succeeded in meeting customer needs in a way that elevates their expectations thanks to the expansion of their operations and the innovative package of solutions they provide.

The investment bank platform also succeeded in achieving operating revenues of 1.3 billion pounds during the year 2024, with an increase of 2.4 times the previous year.

These results come thanks to the noticeable growth in brokerage activities in securities in light of the high size of the margin lending portfolio at a rate of 1.3 times the previous year.

In terms of sector, promotion and subscription coverage, the company strengthened the diversity of its services package to include capital and debt market deals in addition to launching innovative consulting services activities.