CI Capital announced on Thursday its consolidated results for the first nine months of 2022, with revenues increasing by 28% to reach EGP 2.5bn, while net profits after tax and minority interest rising by 18% y-o-y to reach EGP 486m. It also reported strong financial and operational results due to the efficiency of its talented workforce and a resilient business model that can weather market challenges. CI Capital’s asset management AUMs increased by 276% y-o-y to reach EGP 48.4bn, investment banking revenues rose to EGP 58m, while CI Capital Securities Brokerage captured a 16.4% market share during the same period. Additionally, Corplease’s leasing services reported EGP 271m in net profits while reporting a 28% y-o-y increase in new lease bookings to reach EGP 4.7bn. Finally, CI Capital’s mortgage finance subsidiary CI Mortgage stood with a portfolio of EGP 598m — a 206% increase from the EGP 196m recorded in the first nine months of 2021.
