earnings Archives

Qalaa losses deepen in 1Q2021 on ERC “difficulties”

Operational issues at the Egyptian Refining Company saw Qalaa Holdings turn in an EGP 478.6 mn loss in 1Q2021 compared…

The EGX30 fell 0.2% at today’s close on turnover of EGP 1.71 bn (24.2% above the 90-day average). Foreign investors…

EARNINGS WATCH- Sodic’s bottom line surged over three-fold in 1Q2021, reaching EGP 100 mn after tax and minority interest, from…

Madinet Nasr Housing and Development’s (MNHD) consolidated net income fell 70% to EGP 114.5 mn in 1Q2021, down from EGP…

EARNINGS WATCH- EFG Hermes’ net income more than tripled to EGP 292 mn in 1Q2021, up from EGP 90 mn…

Sidpec is beginning to recover from last year’s tumult in the energy markets: Sidi Kerir Petrochemicals (Sidpec) generated net income…

EARNINGS WATCH- Elsewedy Electric’s net income rose 75% to EGP 700.1 mn in 1Q2021, up from EGP 400 mn in…

GB Auto’s net income more than doubled to EGP 299 mn in 1Q2021 compared to EGP 138 mn in the…

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