Cairo – Mubasher: Beltone Holding unveiled consolidated operating revenues more than doubled to EGP 6.30 billion during the first half (H1) of 2025 after soaring by 115% compared to H1-24, according to a press release.

Net profit after tax and minority interest reached EGP 1.30 billion for the same six months (6M), signaling a 60% YoY increase.

Moreover, the total group outstanding portfolio leaped by 109% year-on-year (YoY) to EGP 34.80 billion as of 30 June 2025.

Group CEO and Managing Director of Beltone, Dalia Khorshid, said: "Our first-half results are a direct reflection of our team's dedication and robust operational execution, which delivered exceptional, triple-digit growth in operating revenues and a significant increase in net profits.”

Khorshid elaborated: “This outstanding performance was powered by the synergistic momentum of our core platforms, strong fundamentals, and our strategic and digital expansion. Both our Investment Bank (IB) and NBFIs platforms delivered formidable top and bottom-line growth, underscoring our ability to generate substantial value across diverse market segments.”

The IB platform reported EGP 1.10 billion in revenue after growing by 137% YoY. The result was driven by a surge in advisory services and a continued expansion of securities brokerage operations.

The Group CEO concluded: “Beltone’s solid performance drivers, and the continued focus on our growth strategy, will set the future foundation for delivering sustainable shareholder value."

Investment banking posted revenues of EGP 582 million in H1-25, marking a 597% jump from H1-24 results. The performance was driven by a surge in advisory services, which currently include a full array of equity, debt, and credit advisory.

Securities brokerage, meanwhile, saw its operating revenue rise 41% YoY to EGP 474 million in H1-25, driven by higher commissions and solid growth in its client base.

As for the asset management, Beltone maintained its leadership as Egypt’s largest non-bank affiliated asset manager, with Assets Under Management standing at EGP 27.30 billion.

The Non-Bank Financial Institutions (NBFIs) Platform delivered solid results, with operating revenue reaching EGP 5 billion, climbing 111% YoY.

As for the leasing and factoring, the revenues hit EGP 2.40 billion after increasing by 107% YoY, while the outstanding portfolio stood at EGP 14.50 billion after growing by 78% annually.

Mortgage finance delivered revenues of EGP 955 million in H1-25, signaling a YoY increase of 106%.

Beltone said that SMEs’ revenues hit EGP 212 million, having launched in the third quarter (Q3) of 2024. The SMEs’ outstanding portfolio reached EGP 1.4 billion at the end of H1-25.

Cash Microfinance, meanwhile, reported revenues of EGP 400 million, which marked a 181% YoY growth. The outstanding portfolio grew 227% YoY to EGP 1.40 billion.

The Venture Capital (VC) executed six new transactions between equity investments and venture debt financing in H1-25. The company’s equity portfolio market value continued its stellar performance, growing almost 220% since inception.

It is worth noting that the Q1-25 for Beltone witnessed consolidated operating revenues of EGP 2.80 billion.