Cairo - Mubasher: Beltone Financial Holding turned to net profits of EGP 8.54 million in the first half (H1) of 2021, versus net losses of EGP 20.52 million in H1-20, including minority shareholders' rights. 

The revenues increased to EGP 193.82 million in the January-June period, compared to EGP 130.08 million in the same period in 2020, the company said in a bourse disclosure on Wednesday. 

As for standalone business, the company suffered net losses of EGP 39.52 million in H1-21, up from EGP 30.06 million in H1-20. 

During the first quarter (Q1) of 2021, Beltone Financial Holding turned to net profits of EGP 3.803 million, against net losses of EGP 8.44 million in Q1-20, including minority shareholders’ rights.