Beltone Says H1 Net Loss Narrowed To EGP 7.6 Bln

Beltone Financial Holding (BTFH.CA) said its consolidated financial statements for the first half of 2012 revealed narrowing its net loss to EGP 7.667 million, compared to the year earlier net loss of EGP 11.094 million during

Total current assets for H1/2012 retreated to EGP 154 million, compared to EGP 143 million during H1/2011. Total Investments also fell to EGP 2.227 million, compared to EGP 9.485 million.

Meanwhile, standalone financial statements revealed a net profit of EGP 24 million during H1/2012, compared to H1/2011 net loss of EGP 14 million.