Contact Financial Holding's 9M profit leaps 69%

Cairo – Mubasher: Contact Financial Holding achieved consolidated net profits of EGP 341.92 million in the nine-month period ended 30 September, a surge of 69% year-on-year (YoY) from EGP 202.24 million, including minority shareholders' rights. 

On the other hand, the total revenues retreated to EGP 1.14 billion in the first nine months of 2021, compared to EGP 2.7 billion in the year-ago period, the company said in a bourse disclosure on Wednesday. 

As for standalone business, the company turned to net losses of EGP 3.76 million in the January-September period of 2021, versus net profits of EGP 3.73 billion in the corresponding period a year earlier. 

In the first half (H1) of 2021, the company reported consolidated net profits of EGP 227.755 million, up from EGP 133.1 million in H1-20, including minority shareholders' rights. 

Mubasher Contribution Time: 10-Nov-2021 09:10 (GMT)
Mubasher Last Update Time: 10-Nov-2021 09:11 (GMT)