Beltone profits shrink 65% in 2015

Cairo – Mubasher: Beltone Financial’s net profit for 2015 declined 65% year-over-year to EGP5.4 million from EGP15.3 million, according to the company’s financial results.

In the first nine months, the company reported a net profit of EGP4.73 million, compared to EGP12.99 in 2014.

Earlier, Beltone said the estimated P/E ratio for the period ended 31 December 2015 reached 977. 

Mubasher Contribution Time: 11-Apr-2016 10:11 (GMT)
Mubasher Last Update Time: 11-Apr-2016 10:11 (GMT)