Cairo – Mubasher: Beltone Financial Holding posted a drop by 63.5% in consolidated net profit for the first nine months of 2015, according to a bourse filing Sunday.
The financial services firm generated EGP 4.73 million net profit, taking into account minority rights, down from EGP 12.99 million in the prior-year period.
Meanwhile, standalone financial results for the nine-month period showed EGP 3.7 million net profit, against EGP 506,000 net loss in the corresponding period of 2014.
Beltone earlier posted EGP 10.7 million net profit in the first half of 2015, down from EGP 11 million.
