B Investments Holding's profit slides 41% in H1-21

Cairo – MubasherB Investments Holding reported net profits of EGP 72.51 million in the first half (H1) of 2021, down by 41% year-on-year (YoY) from EGP 122.93 million, including minority shareholders' rights. 

The company's revenues declined to EGP 98.93 million in the six-month period ended 30 June from EGP 147.5 million in the prior-year period, according to a bourse disclosure on Monday. 

During the first quarter (Q1) of 2021, the company achieved net profits of EGP 50.62 million, up from EGP 37.6 million in Q1-20, including minority shareholders' rights. 

Mubasher Contribution Time: 16-Aug-2021 12:42 (GMT)
Mubasher Last Update Time: 16-Aug-2021 12:42 (GMT)