OFH turns to loss in Q2

Updated 8/11/2022 3:30:54 PM

Arab Finance: Orascom Financial Holding (OFH) has turned to losses in the second quarter (Q2) of 2022, according to the standalone financial statement filed to the Egyptian Exchange (EGX) on August 11th.

The company has suffered a net loss after tax of EGP 320.52 million in Q2 2022, versus a net profit of EGP 27.82 million in Q2 2022.

Founded in 2020, OFH is a technology-driven financial service investment company. The company is traded on the Egyptian Exchange under the symbol OFH.CA.