{"id":544251,"date":"2022-02-21T13:41:59","date_gmt":"2022-02-21T13:41:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/21\/at-lease-profits-jump-80-in-2021\/"},"modified":"2022-02-21T13:41:59","modified_gmt":"2022-02-21T13:41:59","slug":"at-lease-profits-jump-80-in-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/21\/at-lease-profits-jump-80-in-2021\/","title":{"rendered":"AT Lease profits jump 80% in 2021"},"content":{"rendered":"

EARNINGS WATCH-<\/strong><\/p>\n

Al Tawfeek for Financial Lease (AT Lease) reported a 80% y-o-y jump in its net <\/strong>income <\/strong>to EGP 134.1 mn in 2021, according to the company\u2019s financial statement (pdf)<\/a>. Revenues rose 19% last year to EGP 611.5 mn.<\/p>\n

Egypt Dutyfree Shops\u2019 net income rose 12% y-o-y in 4Q2021<\/strong> to EGP 49.2 mn, according to the company\u2019s financial statement (pdf)<\/a>. The company recorded revenues of EGP 230.9 mn for the quarter, up 9% from last year.<\/p>\n

\n

MARKET ROUNDUP- <\/strong><\/p>\n

The EGX30 rose 1.2% at today\u2019s close<\/strong> on turnover of EGP 625 mn (39% below the 90-day average). Regional investors were net buyers. The index is down 3.7% YTD.<\/p>\n

In the green: <\/strong>Ezz Steel (+7.6%), Credit Agricole (+4.8%) and Fawry (+3.7%).<\/p>\n

In the red: <\/strong>Mopco (-2.3%), Ibnsina Pharma (-2.2%) and Egypt Kuwait Holding-EGP (-2.1%).<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Al Tawfeek for Financial Lease (AT Lease) reported a 80% y-o-y jump in its net income to EGP 134.1 mn in 2021, according to the company\u2019s financial statement (pdf). Revenues rose 19% last year to EGP 611.5 mn. Egypt Dutyfree Shops\u2019 net income rose 12% y-o-y in 4Q2021 to EGP 49.2 mn, according […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7219],"tags":[1181,409,1182,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544251","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-at-lease","tag-earnings-watch","tag-egypt-duty-free-shops","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"724cf965-e651-486c-9615-30a26329d33b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[544243],"teaser":"","voice_url":""},"yoast_head":"\nAT Lease profits jump 80% in 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/21\/at-lease-profits-jump-80-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AT Lease profits jump 80% in 2021\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Al Tawfeek for Financial Lease (AT Lease) reported a 80% y-o-y jump in its net income to EGP 134.1 mn in 2021, according to the company\u2019s financial statement (pdf). 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