Corporate news

Beltone Holding [BTFH] Defies the Trend but Prepares for Takeoff

The stock has declined by 9% since the beginning of the year, despite the EGX30 rising by 18.82% over the same period. This comes even though the company delivered strong financial results during the first nine months of 2025.

Revenues grew by 97% year-on-year to reach EGP 9.6 billion, while net profit recorded EGP 1.5 billion, reflecting a 32% year-on-year increase.

The company has taken its first steps toward transforming from a local player into a regional platform through the acquisition of 100% of Baobab, a micro, small, and medium enterprise (MSME) financing company operating in seven African countries. This transaction supports revenue diversification and enhances the company’s foreign currency inflows.

We expect the stock to witness an upward movement, potentially testing its 52-week high of EGP 3.79.

Walaa Mosalam – Prime Research

WMosalam@egy.primegroup.org