The Clap
E-Finance reported EGP 682 million in net profits for the first 9 months of 2022, a 79% year-over-year increase.
What
Revenues also jumped 49% on a yearly basis, driven by the company’s main business segment: digital operations.
So what
E-Finance’s CEO Ibrahim Sarhan said these strong results came despite supply chain bottlenecks & significant price fluctuations throughout the year.
Now what
Sarhan is confident the company’s investments in “e-Tax” will grow as the economy starts regaining strength, & that their subsidiary ‘e-Health” will benefit from the state’s comprehensive social insurance plan.
