Egyptian Orascom Financial turns to loss in the second quarter of 2022 and records 142 million EGP

Orascom Financial Holding converted to a loss during the second quarter of this year to record 142.1 million pounds, compared to a net profit of 17.2 million pounds for the corresponding period last year.

The combined income list showed operating revenues rising to Pound 87.4 million from April to June 2022, compared to Pound 85 million for the same period last year.

The share of the loss was recorded at Pound0.0177. The company also converted to loss in the first half of the year and recorded Pound114.7 million losses, against a profit of Pound36.6 million.

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