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The Great 2021 Egyptian Earnings Recovery continues
Cleopatra sees another quarter of rapid growth: Cleopatra Hospitals Group (CHG) saw net earnings surge more than 6x to EGP…
New closing share price mechanism will come on 5 September
MARKET NEWS- The date for instituting the new mechanism for calculating closing share prices has been moved to Sunday, 5…
SODIC net income almost triples in 2Q2021
EARNINGS WATCH- SODIC’s net income after minority interest almost tripled y-o-y in 2Q2021, reaching EGP 122 mn compared to EGP…
Abu Qir net income up 30% in 2020-2021
Abu Qir Fertilizers’ net income rose 30% during FY2020-2021, clocking in at EGP 3.5 bn compared to EGP 2.7 bn…
Egyptian Resorts Company losses doubled in 2Q2021, still today’s biggest gainer
EARNINGS WATCH- Egyptian Resorts Company saw its losses almost double to EGP 7.1 mn in 2Q2021, compared to EGP 3.7…
Heikal settles ‘absentia’ ruling + Stellar earnings for ORWE
MARKET NEWS- Qalaa Holdings Chairman Ahmed Heikal has settled a case involving a single USD 4 mn cheque, which saw…
Earnings Watch: EFG Hermes, Palm Hills
EARNINGS WATCH - EFG Hermes’ net income rose 24% in 2Q2021, driven by growth in its non-bank lending subsidiaries and…
Elsewedy Electric’s net income surges 73%
EARNINGS WATCH- Elsewedy Electric saw its net income jump 73% to EGP 973.8 mn in 2Q2021, compared to EGP 562.3…
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