Aspire Capital’s consolidated profit falls in 9 months
Updated 11/30/2021 12:56:41 PM
ArabFinance: Aspire Capital Holding for Financial Investments (ASPI) posted a consolidated net profit after tax excluding minority shareholders’ interest of EGP 465.57 million in the first nine months of 2021, according to the financial statements filed to the Egyptian Exchange (EGX).
It is worth noting that the company’s consolidated net profit after tax excluding minority shareholders’ interest stood at EGP 744.47 million in the January-September period of 2020.
Meanwhile, the company incurred a standalone net loss after tax of EGP 20.78 million in the nine-month period ended September 30th, 2021, versus a net profit of EGP 153.59 million in the same period of 2020.
Aspire Capital Holding, formerly known as Pioneers Holding Company for Financial Investment, is an Egypt-based company that operates in the financial services sector.
