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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…
Earnings Watch: Orascom Development, Arabian Cement, AT Lease
Orascom Development Egypt’s saw an almost 5x rise in net income in 1Q2021, reporting (pdf) this morning EGP 438.5 mn…
Meet our analyst of the week: Arqaam Capital’s Nour Eldin Sherif
OUR ANALYST OF THE WEEK- Nour Eldin Sherif, associate director at Arqaam Capital (Linkedin). My name is Nour Eldin Sherif…
Taaleem net income up 17% in 1H FY2020-2021
Higher education outfit Taaleem reported EGP 129.6 mn in net income during 1H FY2020-2021, rising 17.5% y-o-y from the year…
National Bank of Egypt profits drop 40% in 2019-2020
State-owned National Bank of Egypt’s net income declined 40% to EGP 13.1 bn in its 2019-2020 fiscal year, compared toEGP…
Earnings watch: Banque du Caire
Banque du Caire’s net income dipped 19% y-o-y in 2020 to EGP 3.2 bn, down from EGP 3.95 the year…
Earnings Watch: B Investments, GlaxoSmithKline
The EGX30 fell 1.6% at today’s close on turnover of EGP 1.21 bn (16.4% below the 90-day average). Foreign investors…
Fawry net income surges 81% in 2020
Fawry’s net income increased 81% y-o-y in 2020 to reach EGP 186 mn, up from EGP 103 mn the year…
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