Monday, May 19, 2025

Blitone Holding Reports 37% Profit Growth in Q1 2025, CEO Dalia Khorshid Spearheads Expansion

Mona Yousef

Beltone Holding has reported a robust 37% increase in profits for the first quarter of 2025, reaching EGP 703 million, compared to EGP 513 million in the same period last year. This impressive growth comes after taxes and minority interests, reflecting the company’s strong financial performance and its solid position within the Egyptian financial market.

The company also saw significant growth in its operating revenues, which rose to EGP 2.8 billion for Q1 2025. This was largely driven by non-banking financial activities, which contributed EGP 2.3 billion, and the investment banking sector, which brought in EGP 531 million.

At the heart of Beltone’s success is Dalia Khorshid, the company’s Chief Executive Officer and Managing Director. Khorshid’s leadership has been instrumental in steering Beltone through a period of remarkable growth and expansion. Her strategic vision has not only driven financial performance but also strengthened Beltone’s position as a key player in Egypt’s dynamic financial sector.

Khorshid highlighted the significance of the company’s EGP 10.5 billion capital increase in April 2025, which has enabled Beltone to accelerate its growth strategy and expand its footprint in key markets.

“The capital increase has significantly enhanced our ability to scale operations, expedite our growth plans, and expand geographically into new, high-potential markets,” Khorshid explained. “We are now well-positioned to capitalize on emerging opportunities in both local and regional markets, further driving Beltone’s growth trajectory.”

Under Khorshid’s leadership, Beltone has demonstrated an ability to navigate the challenges of a rapidly evolving economic environment while maintaining a focus on diversification and innovation. Her leadership style, characterized by a forward-thinking approach and a focus on long-term growth, has been key in driving the company’s success.

As Beltone Financial Holding continues to evolve, Khorshid remains central to the company’s strategic direction, leveraging her expertise and vision to expand the company’s reach and cement its leadership in Egypt’s financial landscape.

 

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