Arab Finance: Aspire Capital Holding for Financial Investments (ASPI) has recorded a 205.7% year-on-year (YoY) climb in consolidated profits attributable to the parent company in the first nine months of 2023 to EGP 4.291 million from EGP 1.404 million, according to a statement on November 28th.

Consolidated operating revenues grew to EGP 188.52 million in the January-September period, compared to EGP 84.888 million over the same period last year.

The company posted standalone net losses after tax of EGP 3.043 million in the nine-months to September 30th, verses profits of EGP 5.856 million in the corresponding period a year earlier.

Meanwhile, standalone revenues dropped to EGP 17.062 million from EGP 21.851 million.

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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