Cairo – Mubasher: B Investments Holdings registered consolidated net profits of EGP 153.55 million in the first nine months of 2020, up by 7.6% year-on-year (YoY) from EGP 142.74 million, including minority shareholders’ rights.

The company generated EGP 38.07 million in revenue in the January-September period, up from EGP 27.69 million in the corresponding period in 2019, according to a bourse disclosure on Sunday.

As for the third quarter (Q3) of 2020, B Investments Holdings logged net profits of EGP 30.6 million, down from EGP 37.4 million in Q3-19.

The standalone financial results for the first nine months of 2020, the company’s net profits increased to EGP 106.35 million from EGP 63.5 million in the same period a year earlier.

During the first half (H1) of 2020, the company achieved net profits of EGP 122.93 million, compared to EGP 105.3 million in H1-19, including minority shareholders’ rights.