Cairo – Mubasher: e-finance For Digital and Financial Investments reported a 46.9% year-on-year (YoY) increase in its consolidated net profits to EGP 519.78 million in 2021, compared to EGP 353.90 million, including minority shareholders' rights.
The company's revenues jumped by 59.3% to EGP 1.96 billion in 2021 from EGP 1.23 billion in 2020, according to a bourse filing on Wednesday.
As for the standalone businesses, the company's net profits retreated to EGP 211.26 million last year from EGP 344.75 million in 2020.
Meanwhile, the company's board has recommended a cash dividend distribution of EGP 0.10 per share, equivalent to EGP 177.7 million, for 2021.
It is noteworthy to mention that in the first nine months (9M) of 2021, the company's consolidated net profits hiked by 35.18% year-on-year (YoY) to EGP 374.82 million.
