RAYA CX H1 2022 Earnings: Note from the CEO

RAYA CX H1 2022 Earnings Note from the CEO

RAYA CX’s H1 2022 earnings report has been published. Our CEO, Ahmed Refky stated, “I’m glad to see the year-on-year growth across all figures, specifically a 43.6% increase in revenue, a 30.8% increase in EBITDA, and a 45.7% increase in net profit.”

These are solid results and testament to the success of our strategy and digital transformation journey!

In the first half of 2022, we’re reaping the benefits from our turnaround strategy due to a multitude of optimization initiatives carried out across all operations. Despite the inflationary environment exacerbated by the devaluation of the Egyptian pound in March 2022, our strategy has served us and supported our growth.

So, I’m extending my gratitude to my devoted team and RAYA CX’s loyal clients.

RAYA CX will continue to expand its global presence and keep pushing ahead with its growth strategy. We are well-positioned to continue delivering a strong performance and creating long-lasting value for our shareholders.

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