Incolease records 10.3% YoY profit increase in 9 months
Updated 11/16/2022 8:34:00 AM
Arab Finance: International Company for Leasing (Incolease) (ICLE) posted a 10.35% 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 15th.
The company’s profit after tax rose to EGP 79.082 million in January-September from EGP 71.663 million in the same period a year earlier.
Operating revenue surged to EGP 346.26 million in the nine months to September 30th from EGP 292.285 million in the comparative period of 2021.
Established in 1997, Incolease is an Egypt-based company engaged in the provision of customer service and personalized financial solutions.
