Cairo – Mubasher: Orascom Financial Holding (OFH) reported consolidated net profits of EGP 19.382 million during the period from the company's establishment on 10 December until the end of the first quarter (Q1) of 2021.

The revenues amounted to EGP 138.53 million at the end of March, the company said in a bourse disclosure on Wednesday.

In addition, the company recorded standalone net profits of EGP 27.354 million from 10 December 2020 until 31 March.

In February, The Egyptian Exchange’s (EGX) listing committee approved listing the shares of OFH and Orascom Investment Holding (OIH) following the demerger.