Beltone Holding's H1 2026 consolidated operating revenue up 125% YoY; net profit hits EGP 647.76M

Beltone Holding achieved consolidated operating revenue of EGP 14.2 billion in the first half (H1) of 2026, up 125% year on year (YoY), according to the company’s latest earnings release.

This growth was driven by continued momentum across its diversified businesses and the execution of its growth strategy.

Net operating profit rose 16% YoY to EGP 2.1 billion, while net profit after tax and minority interest stood at EGP 647.761 million, down 50% from EGP 1.304 billion in H1 2025.

Beltone's gross lending portfolio surged 188% YoY to EGP 99.7 billion in H1 2026, supported by strong performance across all lending businesses and the introduction of financing solutions tailored to clients' needs.

Baobab's lending portfolio reached EGP 56.7 billion during the period, while Egypt's outstanding lending portfolio grew 24% YoY to EGP 43 billion.

Total deposits across Baobab's countries of operation amounted to EGP 36.4 billion in H1 2026.

Beltone Leasing and Factoring's outstanding portfolio reached EGP 15.3 billion, up 5% YoY, while Beltone Mortgage's portfolio grew 42% YoY to EGP 10.4 billion.

Seven, Beltone's consumer finance arm, recorded 46% YoY growth in its outstanding portfolio to EGP 6.6 billion, supported by the expansion of its digital and commercial capabilities, including enhancements to its mobile platform, targeted communications, and marketing campaigns.

Beltone SMEs' outstanding portfolio increased 44% YoY to EGP 2.1 billion, while Cash for Microfinance's portfolio grew 45% YoY to EGP 2 billion.

Beltone Asset Management, which the company described as Egypt's largest non-bank-affiliated asset manager, saw assets under management reach a record EGP 55.7 billion in H1 2026, up 104% YoY.

In securities brokerage, Beltone's market share reached 5.1% by the end of H1 2026, compared with 4.3% a year earlier.