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Logistics (MENA) 
Fawry sees bottom line surge in 1Q2021
The EGX30 rose 0.75% at today’s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors…
EARNINGS WATCH-
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CIB net income up 20% in 1Q
Leading private-sector bank CIB’s net income was up 20% y-o-y to EGP 2.87 bn in 1Q2021 compared to EGP 2.4…
OC, CI Capital, Crédit Agricole report 1Q2021 earnings
EARNINGS WATCH- Orascom Construction (OC) reported a bottom line of USD 23.9 mn in 1Q2021, down 4.4% y-o-y from USD…
Earnings Watch: EFG Hermes, IDH
EARNINGS WATCH- EFG Hermes’ net income more than tripled to EGP 292 mn in 1Q2021, up from EGP 90 mn…
Sidpec rebounds from tumultuous 2020 in 1Q
Sidpec is beginning to recover from last year’s tumult in the energy markets: Sidi Kerir Petrochemicals (Sidpec) generated net income…
Earnings Watch: Elsewedy Electric, Contact Financial, Beltone
EARNINGS WATCH- Elsewedy Electric’s net income rose 75% to EGP 700.1 mn in 1Q2021, up from EGP 400 mn in…
GB Auto net income doubles in 1Q amid higher demand
GB Auto’s net income more than doubled to EGP 299 mn in 1Q2021 compared to EGP 138 mn in the…
Edita net income grows by a quarter in 1Q2021
Edita’s net income grew 25.3% y-o-y in 1Q2021 to EGP 80.7 mn on the back of recovering consumption “coupled with…
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