Arab Finance: Al Tawfeek Leasing Company’s (A.T.LEASE) (ATLC) reported a 12.88% year-on-year (YoY) increase in consolidated profit attributable to the parent company during the first nine months of 2022, according to financial statements filed to the Egyptian Exchange (EGX) on Monday.

The company’s consolidated profit excluding minority interest rose to EGP 132.459 million in nine months to September 30th from EGP 117.347 million a year earlier.

Total operating revenues surged to EGP 436.094 million in January-September from EGP 402.013 million the year before.

Furthermore, the standalone net profit after tax rose to EGP 132.542 million from January to the end of September from EGP 117.287 million in the same period last year.