Arab Finance: Egyptian Financial & Industrial reported a 148.49% year-on-year (YoY) increase in its consolidated net profits after tax during 2022, according to the financial statement sent to the bourse on February 20^th.

The firm achieved net profits attributable to the parent company of EGP 755.391 million last year from EGP 303.983 million in 2021.

For standalone businesses, Egyptian Financial and Industrial’s net profits after tax were EGP 489.947 million in 2022, compared with EGP 208.719 million a year earlier.

 Net sales hit EGP 1.795 billion in 2022, compared to EGP 1.167 billion in 2021.

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