Cairo – Mubasher: The consolidated financial statements of B Investments Holdings reported net profits of EGP 122.93 million in the first half (H1) of 2020, up by 16.7% from EGP 105.3 million in the year-ago period, including minority shareholders’ rights.

Meanwhile, B Investments Holdings achieved revenues of EGP 147.5 million in the six-month period ended on 30 June, compared to EGP 135.6 million in the same period in 2019, according to a bourse disclosure on Sunday.

In addition, the company’s standalone net profits surged to EGP 99.98 million in H1-20 from EGP 40.6 million in H1-19.

During the first quarter (Q1) of 2020, B Investments Holdings logged EGP 37.6 million in net profits, up from EGP 35.48 million in Q1-19, including minority shareholders’ rights.