EARNINGS WATCH- Arafa Holding recorded a consolidated net profit of USD 3 mn from February 2018 until the end of January 2019, down from USD 7 mn during the same period last year, the company said in an EGX disclosure (pdf). The company’s revenues dipped to USD 236.5 mn y-o-y, down from around USD 240 mn last year.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…