Thndr Claps » EGY Claps » Earnings 📈 » Fawry profits down despite revenue increase ❌
The ClapFawry’s (FWRY) profits dropped by 28.5% in H1 2022 YoY, reaching EGP 98 million, while revenues increased by 36.6% YoY, reaching EGP 1.01 billion.The DeetsMicrofinance revenues were up by 71.7%, one of the main drivers of revenue increase. Banking services revenues also increased by almost double during H1 2022.
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