Beltone Holding (BTFH.CA) announced record first-half 2025 results, with operating revenues more than doubling year-on-year to EGP 6.3 bn. Net profit after tax and minority interest rose 60% to EGP1.3 bn, while the Group’s outstanding portfolio reached EGP 34.8 bn, marking a 109% annual increase, Invest-Gate reports.
The Investment Bank platform delivered EGP 1.1 bn in revenues, up 137% YoY, driven by a surge in advisory services and growth in securities brokerage. Investment banking revenues soared 597% to EGP 582 mn, while securities brokerage revenues climbed 41% to EGP 474 mn, supported by higher commissions and an expanding client base. Beltone also maintained its position as Egypt’s largest non-bank affiliated asset manager, with assets under management at EGP 27.3 bn.
The Non-Bank Financial Institutions (NBFIs) platform posted EGP 5.0 bn in revenues, up 111% YoY. Leasing and factoring generated EGP 2.4 bn, mortgage finance recorded EGP 955 mn, SMEs contributed EGP 212 mn in their first full operating year, and microfinance revenues jumped 181% to EGP 400 mn. The venture capital arm executed six new transactions in equity investments and venture debt, with the equity portfolio’s market value rising nearly 220% since inception.
Dalia Khorshid, Group CEO and Managing Director, said the results reflect “exceptional, triple-digit growth in operating revenues and a significant increase in net profits” driven by strong fundamentals, strategic expansion, and the synergy between core platforms. She emphasized that the company’s focus on growth will continue to create sustainable value for shareholders.
Beltone Holding is a leading financial services provider in the MENA region, offering a broad range of investment banking, asset management, brokerage, and non-banking financial services including leasing, factoring, consumer finance, mortgage finance, microfinance, and venture capital.