Egyptian digital bill payments firm Fawry’s H1 profits jump 135.5%

Egyptian digital bill payments company Fawry recorded a 135.5 percent year-on-year jump in its net profits to 85.9 million Egyptian pounds ($5.4 million) during the first half of the current year.

Earlier, profits stood at 36.47 million pounds during the first half of 2019.

Revenues rose to 549.26 million pounds during the January-June period against 373.33 million during the same period last year, according to a bourse filling.