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Macro Group continues to see solid rebound in 1H 2025
Revenues more than doubled during the period, driven by a rise in sales and exports
Macro Group swings to profitability in 1Q 2025 on strong sales recovery
Revenues more than tripled during the quarter on stronger local and export sales.
Suez Canal Ports Company in the running for EGP 4 bn Taba Port development project. PLUS: Marco Group, Madinet Masr
The port is slated to give local exports access to new markets at lower costs
Gov’t pledges to settle cotton farmer dues before the end of the month. PLUS: National Authority of Tunnels, Macro Group + CHI Consumer Healthcare Investments + Enverson International
Farmers are still waiting to be paid for some 480k qintars purchased at the end of the last marketing season
Macro Group sees an uptick in 3Q net income after a difficult 9M. PLUS: Al Baraka Bank’s net income up 51.9% y-o-y in 3Q
Macro’s revenues also fell 46% y-o-y to EGP 319 mn
Macro Group reduces loses in 2Q
Sales and exports also took a hit in a touch 1H for the cosmeceuticals company
Macro Group turns to losses in 2023
The losses were driven by a dip in revenues and higher finance cost
We’re in for more support from the AfDB. PLUS: News from EEHC, Techno Frame, Agriculture Ministry
DEVELOPMENT FINANCE- A new support package from the AfDB: The African Development Bank (AfDB) has signed off on a USD…
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