Banque Misr Reports Surge in Pre-Income Tax Profit, Net Profit, and Net Income in Nine Months Ending September 2023

Banque Misr declared on Sunday a substantial increase in its pre-income tax profit, reaching 59.305 billion Egyptian pounds at the conclusion of September 2023, as opposed to 27.781 billion pounds in the comparable period of 2022.

Additionally, the net profit witnessed growth, soaring to 39.240 billion pounds during the initial nine months of 2023, a significant rise from 17.701 billion pounds in the corresponding period of 2022, as indicated by the bank’s business results.

The net income from returns also showed an impressive surge, reaching 77.794 billion pounds at the end of September 2023, in contrast to 35.392 billion pounds recorded during the same period in 2022, according to the released business results.



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