Orascom Financial reports EGP 17.9 mn net income in 3Q

Orascom Financial Holding reported EGP 17.9 mn in net income in 3Q2021, raising total income since its inception in December last year to EGP 54.6 mn, according to the company’sfinancials (pdf). The company, which was formed last year after Orascom Investment Holding spun off its financial services business, reported EGP 107.6 mn in operating revenues for the quarter. Revenues since the demerger are now at EGP 268.9 mn.