{"id":545122,"date":"2022-03-06T14:46:15","date_gmt":"2022-03-06T14:46:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/06\/beltones-net-losses-widen-in-2021\/"},"modified":"2022-03-06T14:46:15","modified_gmt":"2022-03-06T14:46:15","slug":"beltones-net-losses-widen-in-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/06\/beltones-net-losses-widen-in-2021\/","title":{"rendered":"Beltone\u2019s net losses widen in 2021"},"content":{"rendered":"

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

Beltone Financial\u2019s net losses widened to EGP 169.76 mn in 2021<\/strong>, from EGP 132.4 mn the previous year, according to the firm\u2019s financial statement (pdf)<\/a>. Revenues rose 27.1% y-o-y in 2021, recording EGP 351.7 mn.<\/p>\n

\n

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

The EGX30 fell 1.9% at today\u2019s close<\/strong> on turnover of EGP 763 mn (19.7% below the 90-day average). Foreign investors were net sellers. The index is down 7.2% YTD.<\/p>\n

In the green: <\/strong>Ezz Steel (+4.8%), Sidi Kerir Petrochemicals (+1.7%) and Mopco (+1.2%).<\/p>\n

In the red: <\/strong>Rameda (-4.4%), Telecom Egypt (-4.0%) and Ibnsina Pharma (-3.9%).<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Beltone Financial\u2019s net losses widened to EGP 169.76 mn in 2021, from EGP 132.4 mn the previous year, according to the firm\u2019s financial statement (pdf). Revenues rose 27.1% y-o-y in 2021, recording EGP 351.7 mn. MARKET ROUNDUP- The EGX30 fell 1.9% at today\u2019s close on turnover of EGP 763 mn (19.7% below the […]<\/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":[812,409,68,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-545122","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-beltone-financial","tag-earnings-watch","tag-egx","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"3be3513f-3cd3-4669-9a75-c4fc97e75126","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[545114],"teaser":"","voice_url":""},"yoast_head":"\nBeltone\u2019s net losses widen 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\/03\/06\/beltones-net-losses-widen-in-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beltone\u2019s net losses widen in 2021\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Beltone Financial\u2019s net losses widened to EGP 169.76 mn in 2021, from EGP 132.4 mn the previous year, according to the firm\u2019s financial statement (pdf). 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