Cairo – Mubasher: Beltone Financial Holding turned to consolidated net profits of EGP 10.46 million in the first nine months of 2021, against net losses of EGP 35.92 million in the year-ago period, including minority shareholders' rights.
The company's revenues grew to EGP 264.121 million in the January-September period, compared to EGP 195.34 million in the corresponding period a year earlier, according to a bourse disclosure on Tuesday.
As for standalone business, Beltone Financial Holding incurred net losses of EGP 49.07 million in the nine-month period ended 30 September, down from EGP 51.93 million in the prior-year period.
In the first half (H1) of 2021, the company turned to net profits of EGP 8.54 million, versus net losses of EGP 20.52 million in H1-20, including minority shareholders' rights.
Source: Mubasher
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