Arab Finance: Raya Contact Center (RACC) recorded a 1,243.5% year-on-year (YoY) leap in consolidated net profit attributable to the holding company for the first nine months of 2023, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on November 14th.

The company’s consolidated net profit attributable to the holding company reached EGP 136.95 million in the nine-month period ended September 30th, compared to EGP 10.19 million in the year-ago period.

The company also generated consolidated revenues of EGP 1.370 million in the January-September period of 2022, up from EGP 848.265 million in the same period of 2022.

At the level of the standalone financial statement, Raya posted net profits after tax amounting to EGP 64.455 million in the period from January 1st to September 30th, versus a net loss of EGP 18.889 million in the same period of 2022.

Raya Contact Center is an Egypt-based company, operating with outsourcing services as well as a contact center, back office, inside sales, and professional services.

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