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What we’re tracking on 25 October 2020
Good morning, friends. It’s a big day for: The EGX — and the financial system as a whole. One of…
earnings
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Trouble at Egypt’s Sukkari mine sends Centamin’s share price tumbling
Trouble at Sukkari sends Centamin’s share price tumbling: Australian gold miner Centamin’s share price plummeted 19.2% yesterday after the company…
Qalaa losses deepen in 2Q2020 despite strong ERC revenues
EARNINGS WATCH- Qalaa Holdings reported a net loss of EGP 712.1 mn in 2Q2020 compared to EGP 224.5 mn in…
Cleopatra Hospitals on track for 15% revenue growth in 3Q2020
EARNINGS WATCH- Cleopatra Hospitals Group (CHG) is on track to record 15% y-o-y revenue growth in 3Q2020, with an expected…
Al Ezz Dekheila Steel reports EGP 1.2 bn losses in 2Q2020
EARNINGS WATCH- Al Ezz Dekheila Steel (EZDK) reported consolidated net losses of EGP 1.2 bn in 2Q2020, compared to EGP…
Eastern Company profits down 21% in 4Q2019-2020
EARNINGS WATCH- Eastern Company reported net profits of EGP 663 mn in 4Q2019-2020, down 21% from EGP 837 mn last…
Arafa Holding sinks into the red in 1H2020
EARNINGS WATCH- Arafa Holding reported USD 10.7 mn in losses during 1H2020 down from net profits of USD 7.8 mn…
Maridive's losses widen in 1H2020
EARNINGS WATCH- Maridive Oil Services’ net loss widened to USD 18 mn in 1H2020 from USD 3.6 mn in 1H2019,…
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