E-finance for financial and digital investments (EFIH) announced the results of its combined and non-combined businesses for the period from 01/01/2023 to 31/12/2023, which showed a combined net profit of EGP 1.257 billion compared to the company’s achievement of a combined net profit of EGP 803.924 million for the same period last year.
The company achieved an independent Net Profit of EGP 804,010, compared to an independent Net Profit of EGP 496,666 million during the comparative period of the previous fiscal year.
Net profit or loss for the year is calculated according to the share of owners of the parent company.
E finance group was established in 2005 as an Egyptian company specializing in the development and management of the technological infrastructure for digital financial transactions, and the company was assigned at that time to build, operate and manage the financial network of the Egyptian government. Over its twenty-year career, the group has succeeded in expanding its business to cover all digital markets in Egypt with the development of the package of services and solutions provided until it includes under its umbrella a group of subsidiaries whose activities cover all pillars of the digital financial transactions system in the Egyptian market.
