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Earnings watch: Rameda Pharma, Obour Land
EARNINGS WATCH- Rameda pre-tax profits fall 12% in 2019: Rameda Pharma made pre-tax profits of EGP 225 mn in FY2019,…
Egyptian cheesemaker Obourland plans to raise exports to USD 5 mn in 3 years
Dairy producer Obourland aims to bring its exports to USD 5 mn in three years,the companysaid in a statement (pdf).…
Obour Land to invest EGP 30 mn in new production lines
Obour Land plans to invest EGP 30 mn to add new production lines in 2020, Deputy Chairman Ashraf Hamed said,…
Earnings watch: HHD profits rise 42% in FY2018-2019, Obour land reports 3Q profits
EARNINGS WATCH- Real estate company Heliopolis Housing’s net profit was up 42% in FY2018-2019 to EGP 376.4 mn from EGP…
Egyptian cheesemaker Obour Land to invest USD 8 mn in assembly line upgrade
Obour Land is spending USD 8 mn to upgrade its white cheese assembly line, the cheesemaker said in a bourse…
Obourland to begin operating new farm by the end of 2020
Cheesemaker Obourland is planning to begin operations at its new cow farm by the end of 2020 to help reduce…
Earnings watch: Obour Land reports 1H2019 results
EARNINGS WATCH- Cheesemaker Obour Land recorded net income of EGP 127.3 mn in 1H2019, up 10.49% y-o-y from EGP 115.2…
EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions
The European Bank for Reconstruction and Development (EBRD) has signed a USD 7 mn loan agreement with Egyptian cheesemaker Obour…
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