Non-banking financial services firm Contact Financial Holding reported a normalized net income of EGP 280 mn in 9M 2025, down 44% y-o-y, according to its latest earnings release (pdf). The decline was driven by weaker profitability in both its financing and ins. divisions, despite growth in operating income. The group’s total operating income rose 17% y-o-y to EGP 2 bn during the nine-month period.

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The breakdown: The financing division saw its net income fall 51% y-o-y in 9M 2025 to EGP 153 mn, as higher operating and digital transformation costs weighed on the bottom line. The ins. division also saw a sharp decline, with net income dropping 48% y-o-y to EGP 73 mn, despite strong growth in gross written premiums and revenue.

What they said: “2025 has been a deliberate year of rebuilding for Contact — strengthening our foundations, restructuring the group, and reinforcing operational discipline across all subsidiaries … Our ins. platform continued to scale its contribution, with revenues rising 52% y-o-y, reaffirming Contact’s unique position as Egypt’s only NBFI operating at depth across financing, ins., mobility, and business solutions,” the company’s management said.

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