The consolidated net profits of CI Capital Holding For Financial Investments hiked by 268.9% year-on-year (YoY) to EGP 1.22 billion in the first nine months of 2021, compared to EGP 330.77 million, including minority shareholders’ rights.
Over the January-September period, the net profits attributable to the parent company’s shareholders rose to EGP 412.31 million from EGP 287.39 million, while the net profits attributable to minority interests surged to EGP 810.43 million from EGP 43.38 million, according to a bourse disclosure on Wednesday.
The revenues increased to EGP 1.727 billion in the nine-month period ended 30 September, compared to EGP 1.519 billion in the year-ago period.
Meanwhile, the standalone net profits grew to EGP 265.46 million in the first nine months of 2021 from EGP 191.75 million in the same period in 2020.
In the first half (H1) of 2021, the company logged net profits of EGP 977.84 million, compared to EGP 205.38 million in H1-20, including minority shareholders’ rights.