Cairo – Mubasher: e-finance For Digital and Financial Investments has reported consolidated net profits worth EGP 198.29 million in the first quarter (Q1) of 2022, an annual jump of 38.60% from EGP 143.09 million in Q1-21.
The company's sales reached EGP 559.51 million in Q1-22, up from EGP 463.36 million during the same period a year earlier, according to a bourse disclosure on Tuesday.
The earnings per share (EPS) settled at EGP 0.076 in Q1-22, versus EGP 0.075 in Q1-21.
Meanwhile, the company achieved standalone net profits of EGP 213 million in the first three months (3M) of 2022, against net losses of EGP 2.73 million in the year-ago period.
During the January-March period of 2022, the non-consolidated revenues amounted to EGP 217.63 million, compared to EGP 2.95 million during the same period in the previous year.
It is worth noting that last year, e-finance logged consolidated net profits worth EGP 519.78 million, 46.90% higher than EGP 353.90 million in 2020.
