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Earnings Watch: SODIC, IDH, Palm Hills, MM Group, Vodafone Egypt
Upmarket real estate developer SODIC saw a 75% drop in net income during 3Q2021 as revenues declined due to timing…
Meet our analyst of the week: Alpha Capital’s Salma Taha Hussein
OUR ANALYST OF THE WEEK- Salma Taha Hussein, independent board member at AlphaCapital Group and ex-head of research at Concord…
Earnings watch: Fawry, Elsewedy Electric, GB Auto, and Rameda
E-payments giant Fawry saw its bottom line ease 26% to EGP 36.1 mn in 3Q2021, according to its earnings release…
e-Finance profits fall 15% in 3Q2021
e-Finance saw its net income dip 20% y-o-y in 3Q2021 to EGP 99.3 mn, according to the company’s first quarterly…
CIB profits surge 62% in 3Q2021 as bank posts another record quarter
CIB’s net income surged 62% y-o-y to EGP 3.81 bn in 3Q2021 as net interest income of EGP 6.5 bn…
Give me the green light
Vodafone Group has agreed to transfer its 55% stake in Vodafone Egypt to Vodacom, its sub-Saharan African subsidiary, in a…
CI Capital earnings up 122%
EARNINGS WATCH- CI Capital reported a net income of EGP 241 mn in 3Q2021, up 122% y-o-y, the investment bank…
Earnings watch: Contact Financial, Beltone, MNHD, NileSat
Contact Financial’s net income rose 65% to EGP 114 mn in 3Q2021 from the same period in 2020, according to…
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