Cairo – Mubasher: The unconsolidated net profit of Faisal Islamic Bank of Egypt leapt by 142.50% year-on-year (YoY) to EGP 6.55 billion in the first half (H1) of 2024 from EGP 2.70 billion.
Total revenues jumped by 68.10% YoY to EGP 16.34 billion in H1-24 from EGP 9.72 billion, according to unaudited financial results.
The earnings per share (EPS) hit EGP 10.56 in the six-month period that ended on 30 June 2024, up from EGP 4.24 in the corresponding period a year earlier.
It is worth highlighting that Faisal Islamic Bank of Egypt’s consolidated net profit soared by 180.60% YoY to EGP 6.16 billion in the first quarter (Q1) of 2024 from EGP 2.19 billion.
