Cairo – Mubasher: The net profits of CI Capital Holding For Financial Investments registered a 46.05% year-on-year (YoY) hike to EGP 621.15 million in 2019 from EGP 425.31 million in 2018.

The company’s revenues increased by EGP 2.291 billion last year from EGP 1.737 billion in 2018, according to the company’s consolidated financials disclosed to the Egyptian Exchange (EGX) on Thursday.

Meanwhile, the total revenues of the finance leasing sector surged by 68.7% to EGP 1.8 billion in 2019, while the new contracts of the company’s subsidiary Corplease reached EGP 4.6 billion.

At the level of CI Capital’s standalone businesses, net profits amounted to EGP 83.98 million, up 20.74% from EGP 69.55 million in the earlier year.

Noteworthy to mention, during the first nine months of 2019, the company posted EGP 381.07 million net profits, compared to EGP 300.95 million in the same nine months of 2018.