Aspire Capital’s consolidated profits surge 347.2% YoY in H1

Updated 8/28/2023 9:26:00 AM
Aspire Capital’s consolidated profits surge 347.2% YoY in H1

Arab Finance: Aspire Capital Holding for Financial Investments (ASPI) has recorded a 347.16% year-on-year (YoY) climb in consolidated profit attributable to the parent company in the first half (H1) of 2023, registering EGP 5.911 million from EGP 1.321 million, according to the financial statements filed to the Egyptian Exchange (EGX) on August 28th.

Consolidated operating revenue grew to EGP 116.393 million in H1 2023 from EGP 52.290 million in H1 2022.

The company posted a standalone net profit after tax of EGP 3.498 million in the six-month period ended June 30th, up from EGP 2.800 million in the same period a year earlier.

Aspire Capital Holding, formerly known as Pioneers Holding Company for Financial Investment, is an Egypt-based company that operates in the financial services sector.

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