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Sinai Cement widens losses + GSK’s Egypt arm announces coupon payments
EARNINGS WATCH- Sinai Cement saw its net losses widen to EGP 148 mn in 1Q2021, up from EGP 106 mn…
Ezz Steel finally turns profitable (and in a big way) + Pioneers to soon finalize split
EARNINGS WATCH- Ezz Steel reverses loss in 1Q2021: Ezz Steel reported a record consolidated profit of EGP 1.2 bn in…
Palm Hills Development scores an impressive 1Q2021
Palm Hills Development’s bottomline soared 152% y-o-y to EGP 205 mn during 1Q2021, up from EGP 81 mn in 1Q2020,…
Pioneers, Arab Dairy report higher net income in 1Q2021, Kabo narrows losses
EARNINGS WATCH- Pioneers Holding net income inched up to EGP 299.6 mn in 1Q2020, up 10.4% y-o-y from EGP 271.3…
Earnings: Emaar Misr, Alex Medical more than double net income in 1Q2021
EARNINGS WATCH- Emaar Misr’s consolidated net income more than doubled in 1Q2021 to EGP 529.1 mn, up from EGP 247.6…
TMG says it’s not doing another JV with banks + ABUK net income up
FACT CHECK- Talaat Moustafa Group (TMG) says it hasn’t established a new real estate joint venture, dubbed Rawasi, with the…
Juhayna issues earnings release based on unaudited financials
EARNINGS WATCH- Juhayna’s (JUFO) net income rose 50% y-o-y to EGP 57 mn in 4Q2020, up from EGP 38 mn…
JUFO signals to the market that its financials are sound
Juhayna Food Industries (JUFO) has released a snapshot of its unaudited FY2020earnings (pdf) in a move likely meant to reassure…
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