Arab Finance: Orascom Financial Holding (OFH) recorded an EGP 115.326 million in standalone net profit after tax for the first half (H1) of 2023, versus net losses of EGP 234.452 million in the same period a year earlier, according to the company’s standalone financial income statement filed to the Egyptian Exchange (EGX) on August 15th.

The company has generated standalone operating revenue of EGP 83.895 million in the six-month period ended June 30^th, up from EGP 75.752 million during the January-June period of 2022.

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

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