Arab Finance: Al Tawfeek Leasing Company (A.T. Lease) reported a 46.97% year-on-year (YoY) decline in consolidated net profit attributable to the parent company for the first half (H1) of 2023, according to the financial statement filed to the Egyptian Exchange (EGX) on August 14^th.

Consolidated net profit attributable to the parent company amounted to EGP 61.268 million in H1 2023, compared to a profit of EGP 115.539 million in H1 2022.

Moreover, the company recorded operating revenues of EGP 502.160 million in the January-June period of 2023, up from EGP 337.005 million in the same period of 2022.

Meanwhile, the company’s standalone net profit after tax stood at EGP 61.096 million in H1 2023, dropping from EGP 115.527 million in the corresponding half of last year.

Established in 2005, the company provides a variety of international innovative leasing solutions using the provisions of Islamic Shariaa and according to the best international standards. The Company offers its products under the categories of financial lease/capital, true lease, structured lease, and vendor lease.

Gadwa’s consolidated profits fall 46.6% YoY in 9 months Updated 11/27/2025 10:24:00 AM

Pioneers properties' consolidated profits drop 76.9% YoY in 9 months Updated 11/27/2025 9:26:00 AM

Panda turns to losses in 9 months Updated 11/23/2025 9:42:00 AM

EFG Holding’s consolidated profits drop 13.44% YoY in 9 months Updated 11/19/2025 1:29:00 PM

Contact Financial's total operating income up 17% YoY in 9 months Updated 11/18/2025 10:17:00 AM