Corporate news

Commentary on the nine-month results of B Investments Holding [BINV] - Revenue decline, resulting in a decrease in net profit:

Revenue reached EGP 426 mn during the first 9M25, a 56% decrease compared to the same period last year. This decline occurred despite an increase in net profits from B Investments Holding’s investments in Gourmet, El-Ezaby, Basata for Electronic Payments, and B Healthcare Investments. Madinet Misr’s profits decreased by 7% during the first 9M25 , and Contact Financial Holding saw a decrease in revenue of approximately EGP 46 mn. The revenue for the first 9M24 included EGP 81 mn from the company’s divestment from Giza Systems, in addition to EGP 168 mn in revenue from the company’s investment in OB Holding. Net operating profit declined by 63% YoY, reaching EGP 313 mn during the first 9M25, compared to EGP 852 mn during the same period last year.
Net profit for the parent company also decreased by 87% YoY, amounting to EGP 190 mn, compared to EGP 1.4 bn during the same period last year. This decline was primarily due to the company incurring FX losses of EGP 169 mn in the first 9M 25, compared to foreign exchange valuation gains of EGP 1.03 bn during the same period last year.

Mostafa Amin - Equity Analyst MAmin@egy.primegroup.org