{"id":551391,"date":"2022-06-14T13:33:34","date_gmt":"2022-06-14T13:33:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/"},"modified":"2022-06-14T13:33:34","modified_gmt":"2022-06-14T13:33:34","slug":"earnings-watch-gsk","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/","title":{"rendered":"Earnings watch: GSK"},"content":{"rendered":"<p><strong>EARNINGS WATCH- <\/strong><\/p>\n<p><strong>Pharma company GlaxoSmithKline (GSK) saw its bottom line rise to EGP 869.2 mn in <\/strong><strong>1Q2022 <\/strong>up from EGP 2.7 mn in 1Q2021, according to the company\u2019s <a href=\"https:\/\/ent.news\/2022\/6\/GSK-1Q2022-earnings.pdf\">financials (pdf)<\/a>. Sales also rose during the period, increasing 164.3% y-o-y to EGP 370.2 mn.<\/p>\n<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 fell 0.3% at today\u2019s close<\/strong> on turnover of EGP 683 mn (18.2% above the 90-day average). Foreign investors were net sellers. The index is down 16.5% YTD.<\/p>\n<p><strong>In the green: <\/strong>CIRA (+2.4%), Egypt Kuwait Holding-EGP (+2.2%) and MM Group (+1.9%).<\/p>\n<p><strong>In the red: <\/strong>TMG Holding (-3.3%), Credit Agricole Egypt (-2.1%) and e-Finance (-1.9%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Pharma company GlaxoSmithKline (GSK) saw its bottom line rise to EGP 869.2 mn in 1Q2022 up from EGP 2.7 mn in 1Q2021, according to the company\u2019s financials (pdf). Sales also rose during the period, increasing 164.3% y-o-y to EGP 370.2 mn. MARKET ROUNDUP- The EGX30 fell 0.3% at today\u2019s close on turnover of [&hellip;]<\/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":[409,68,633,1076,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-551391","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-earnings-watch","tag-egx","tag-enterprisepm","tag-glaxosmithkline","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"d8f4fc48-b164-4502-a91f-afd241966494","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[551382],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Earnings watch: GSK - 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\/06\/14\/earnings-watch-gsk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: GSK\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Pharma company GlaxoSmithKline (GSK) saw its bottom line rise to EGP 869.2 mn in 1Q2022 up from EGP 2.7 mn in 1Q2021, according to the company\u2019s financials (pdf). Sales also rose during the period, increasing 164.3% y-o-y to EGP 370.2 mn. MARKET ROUNDUP- The EGX30 fell 0.3% at today\u2019s close on turnover of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-14T13:33:34+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings watch: GSK\",\"datePublished\":\"2022-06-14T13:33:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"earnings watch\",\"EGX\",\"EnterprisePM\",\"GlaxoSmithKline\",\"Go with the Flow\"],\"articleSection\":[\"GO WITH THE FLOW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/\",\"name\":\"Earnings watch: GSK - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-06-14T13:33:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings watch: GSK\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Earnings watch: GSK - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/14\/earnings-watch-gsk\/","og_locale":"en_US","og_type":"article","og_title":"Earnings watch: GSK","og_description":"EARNINGS WATCH- Pharma company GlaxoSmithKline (GSK) saw its bottom line rise to EGP 869.2 mn in 1Q2022 up from EGP 2.7 mn in 1Q2021, according to the company\u2019s financials (pdf). 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Revenues fell 38% in 1Q2022 to EGP 20.1 mn.GlaxoSmithKline saw its bottom line soar 449.3% y-o-y in 2021 to EGP 154.63 mn, according\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564153,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/earnings-watch-beltone-nbk-egypt-credit-agricole-egypt-gsk-obour-land-arabian-cement\/","url_meta":{"origin":551391,"position":1},"title":"Earnings watch: Beltone, NBK Egypt, Credit Agricole Egypt, GSK, Obour Land, Arabian Cement","author":"enterpriseam admin","date":"11 August 2021","format":false,"excerpt":"EARNINGS WATCH- Beltone Financial reported net income of EGP 4.7 mn in 2Q2021, up from a loss of EGP 12.1 mn in 2Q2020 and net income of almost EGP 3.8 mn in the first quarter of this year, according to an earnings report (pdf). The company\u2019s revenues reached EGP 95.9\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571175,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/03\/gsk-reports-291-increase-in-net-profits-in-fy2019\/","url_meta":{"origin":551391,"position":2},"title":"GSK reports 291% increase in net profits in FY2019","author":"enterpriseam admin","date":"3 May 2020","format":false,"excerpt":"EARNINGS WATCH- GSK profits soar 291% in FY 2019: GlaxoSmithKline\u2019s local subsidiary reported profits of EGP 142.63 mn in FY2019, up 291% from EGP 49.92 mn in FY2018, according to a disclosure to the EGX (pdf).","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634091,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/earnings-watch-glaxosmithkline-reports-9m2017-results\/","url_meta":{"origin":551391,"position":3},"title":"Earnings watch: GlaxoSmithKline reports 9M2017 results","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"EARNINGS WATCH- GlaxoSmithKline\u2019s local subsidiary reported 9M2017 consolidated net profits of EGP 235 mn, compared to net profits of EGP 69.146 mn during the same period last year, according to a bourse filing.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635834,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/earnings-watch-glaxosmithkline-reports-1h2018-results\/","url_meta":{"origin":551391,"position":4},"title":"Earnings watch: GlaxoSmithKline reports 1H2018 results","author":"enterpriseam admin","date":"14 December 2017","format":false,"excerpt":"EARNINGS WATCH- GlaxoSmithKline\u2019s local subsidiary reported 1H2016 standalone net profits of EGP 101.679 mn, compared to a net loss of EGP 31.658 mn recorded during the same period last year, according to a bourse statement.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565298,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/31\/earnings-watch-b-investments-glaxosmithkline\/","url_meta":{"origin":551391,"position":5},"title":"Earnings Watch: B Investments, GlaxoSmithKline","author":"enterpriseam admin","date":"31 March 2021","format":false,"excerpt":"The EGX30 fell 1.6% at today\u2019s close on turnover of EGP 1.21 bn (16.4% below the 90-day average). Foreign investors were net sellers. The index is down 2.6% YTD.In the green: Orascom Financial (+5.0%), Heliopolis Housing (+0.6%) and Madinet Nasr Housing (+0.5%).In the red: Fawry (-4.4%), Pioneers (-2.6%) and Ibnsina\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=551391"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551391\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/551382"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=551391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=551391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=551391"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=551391"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=551391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}