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Earnings watch: Cleopatra Hospitals, Orascom Investment Holding
EARNINGS WATCH- Cleopatra Hospitals Group’s net profit rose 11% y-o-y in 3Q2020 to EGP 80 mn, up from EGP 72.2…
Earnings watch: CIB reports 1H2020 results, OIH turns a profit in 1Q2020
EARNINGS WATCH- CIB’s net profits dipped 4% y-o-y to EGP 2.6 bn in 2Q2020 on revenues of EGP 6.23 bn,…
The worst of the year is over for Egypt’s corporate earnings; recovery will begin in 2H2020 -Pharos
The worst of the year is over for corporate earnings; recovery will begin in 2H2020 -Pharos: Corporate earnings in Egypt…
Egypt corporate earnings to “hold up relatively well” compared to MENA peers in 1Q2020 -EFG
Corporate earnings in Egypt are expected to “hold up relatively well” in comparison to their MENA peers in 1Q2020, EFG…
Qalaa Holdings reports 1Q2020 results
EARNINGS WATCH- Qalaa Holdings’ revenues soared 191% y-o-y in 1Q2020 to EGP 10.4 bn, the company said in its quarterly…
Earnings watch: Orascom Construction profits dip 16.2% y-o-y
EARNINGS WATCH- Orascom Construction profits dipped 16.2% y-o-y in 2019 to USD 121.3 mn, compared to USD 144.7 mn the…
Egypt’s private sector activity expected to recover in 2020 amid “favorable” economic environment -EFG
Egypt’s private sector activity expected to recover in 2020 amid “favorable” economic environment -EFG: As Egypt’s economy enters 2020 with…