Arab Finance: EFG Holding (HRHO) reported a 89.39% year-on-year (YoY) increase in consolidated net profit excluding minority interest for the first half (H1) of 2024, according to the financial statements filed to the Egyptian Exchange (EGX) on August 14th.

Consolidated net profit attributable to the parent company stood at EGP 1.289 billion in H1 2024, compared to EGP 680.709 million in H1 2023.

Total consolidated revenues hit EGP 7.531 billion during the first six months of this year, up from EGP 3.984 million in the same period a year earlier.

At the level of the standalone financial statement, the company recorded a standalone net profit of EGP 879.747 million in H1 2024, up from EGP 824.941 billion in H1 2023.

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