Egypt’s investment bank CI Capital Holding for Financial Investments reported on Monday a 376 percent year-on-year growth in net profit for the first half of the year.
Consolidated net profit climbed to 977.94 million Egyptian pounds ($62.3 million) for the first six months ending in June 2021 from 205.38 million pounds for the same period last year.
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Revenues also rose to 1.98 billion pounds at the end of June from 1.03 billion pounds for the same period in 2020.
Second-quarter net profit also jumped to 974.55 million pounds at the end of June, compared with 103.52 million pounds last year
