Arab Finance: International Company for Leasing (Incolease) (ICLE) posted a 71.33% year-on-year (YoY) growth in net profit after tax during the first nine months of 2022, according to the financial statement filed to the Egyptian Exchange (EGX) on November 12th.

The company’s profit after tax rose to EGP 135.488 million in January-September from EGP 79.082 million in the same period a year earlier.

Operating revenue surged to EGP 703.084 million in the nine months to September 30th from EGP 346.260 million in the comparative period of 2022.

Established in 1997, Incolease is an Egypt-based company engaged in the provision of customer service and personalized financial solutions.

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