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A big earnings week in the US
Earnings season is well and truly upon us, with major US firms including Amazon, Apple and Facebook parent Meta all…
Qalaa Holdings reports first quarter in black since 2018 in 2Q 2022
Qalaa Holdings returned to the black for the first quarter since 2018 in 2Q 2022 on the back of record…
Infrastructure players reported solid earnings in 2Q 2022 despite global headwinds — here’s how they did it
Infrastructure players remained resilient in the face of global pressures in 2Q 2022: A toxic mix of local and global…
IDH adapts to “post-covid” era, sees conventional sales rise as covid-related sales slide
Integrated Diagnostics Holding (IDH) saw its bottom line decline 62% y-o-y to EGP 125.6 mn in 2Q 2022 amid a…
Orascom Construction sees profitability improve q-o-q in 2Q 2022 as US margins improve; eyes new infrastructure and data center projects
Orascom Construction (OC) reported an 8% y-o-y rise in revenues to USD 934.9 mn in 2Q 2022, with net income…
Beltone Financial turns a loss in 2Q 2022
Beltone Financial returned to the red in 2Q 2022, recording EGP 109.4 mn in net losses after making a EGP…
Elsewedy Electric reports record revenues in 2Q 2022
Elsewedy Electric reported record revenues in 2Q 2022 thanks to price hikes and a weaker EGP, it said in its…
Earnings Watch: EFG Hermes, Palm Hills, Swvl
EFG Hermes’ net income after tax and minority interest eased 15% y-o-y to EGP 344 mn in 2Q 2022 on…
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