Beltone Holding profits jump 60% in half/1

The Egyptian Holding Company said today, Monday, that its net profit exceeded 1.3 billion pounds in the first half of the year with an annual growth of 60%.

She explained in a statement that she was able to achieve collected revenues of 6.3 billion pounds, with an annual growth of 115 percent.

The total portfolio reached 34.8 billion pounds, with an annual growth rate of 109%, driven by the rise in market shares through all subsidiaries.

The statement quoted Dalia Khorshid, CEO and Managing Director, that the business results for the first half of the year reflect the distinguished performance that came “thanks to the integration between the investment bank platforms and non -banking financial services, the strength of the group’s financial position and the strategic trend based on geographical expansion and diversification of the digital services package.”

(The dollar = 48.5 pounds)