Aspire Capital records 66.8% YoY surge in 2024 consolidated profits

Updated 4/30/2025 11:44:00 AM
Aspire Capital records 66.8% YoY surge in 2024 consolidated profits

Arab Finance: Aspire Capital Holding for Financial Investments (ASPI) posted 66.80% year-on-year (YoY) higher consolidated profits attributable to the parent company at EGP 67.931 million in 2024, according to the financial results.

The recorded net profits were compared with EGP 40.699 million at the end of December 2023.

Meanwhile, the operating revenue increased to EGP 570.366 million last year from EGP 309.080 million in 2023.

As for the standalone results, the net profit after tax hiked to EGP 10.287 million in 2024 from EGP 3.525 million a year earlier. The earnings per share (EPS) jumped to EGP 0.0084 from EGP 0.0030.

Aspire Capital - formerly known as Pioneers Holding Company - is a leading provider of integrated financial services that operates in securities brokerage and microfinance fields in Egypt.

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