MNT-Halan Q3 2026 Profit Hits EGP 836M After IPO Raise

In Short

• MNT-Halan said its net profit more than doubled quarter on quarter to EGP 836 million in the third quarter of 2026.
• The company reported revenue of EGP 5.43 billion, up 15% quarter on quarter.
• MNT-Halan said it raised EGP 4 billion in fresh capital through its IPO on the Egyptian Exchange.

What Happened: MNT-Halan Q3 2026 Results And IPO

MNT-Halan reported higher profitability in the third quarter of 2026, with net profit rising from EGP 399 million in the second quarter to EGP 836 million. The company described this as a 2.1-fold increase.

Revenue climbed 15% quarter on quarter to EGP 5.43 billion. Net profit margin improved from 8% to 15%.

The company also said quarterly net profit declined 31% compared with the same period in 2025. For the first nine months of 2026, MNT-Halan reported revenue of EGP 15.42 billion, up 11% year on year, while net profit fell 11% to EGP 1.75 billion.

MNT-Halan listed on the Egyptian Exchange on October 20, 2026 and raised EGP 4 billion in fresh capital. The company said this increased its equity base by about 45% to nearly EGP 13 billion.

Why It Matters: Lending, Payments, And New Services

MNT-Halan reported growth across lending and payments. Its gross loan portfolio grew 14% year on year to EGP 48.1 billion. Total loan disbursements reached EGP 34.5 billion in the first nine months of 2026.

Consumer finance disbursements rose 42% year on year to EGP 13 billion. This segment accounted for 29% of the loan portfolio, up from 23% a year earlier.

In digital payments, payment transactions increased 2.6 times to 3.6 million over the nine-month period. Active Halan cards surpassed 700,000, and transaction value reached EGP 36.8 billion.

The company said customer investments increased nearly fivefold to EGP 4.6 billion, with active investors rising to about 136,000. It also launched digital brokerage and factoring services during the quarter. Factoring is a way for a business to get cash by selling unpaid invoices to a financier.

MNT-Halan said it has more than 1.9 million active customers and plans to strengthen its financial technology infrastructure and deploy artificial intelligence to improve credit assessments, customer engagement and operational efficiency.