Beltone turns to profits in 9M consolidated results

Cairo – Mubasher: Beltone Financial Holding said Sunday its consolidated financial statements for the first nine months of 2015 showed turnover to profits.

The company posted EGP 11.26 million net profit in the nine-month period, against EGP 642,800 net loss in the first nine months of 2014.

The financial services firm earlier said it generated EGP 5.07 million consolidated profit in the first half of 2015, versus EGP 1.04 million net loss in the prior-year period.

The nine-month standalone financial results previously showed EGP 2.3 million net loss, against EGP 1.5 million net profit in the same period a year ago.

Mubasher Contribution Time: 06-Dec-2015 13:56 (GMT)