{"id":551883,"date":"2022-07-27T13:45:03","date_gmt":"2022-07-27T13:45:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/"},"modified":"2022-07-27T13:45:03","modified_gmt":"2022-07-27T13:45:03","slug":"idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/","title":{"rendered":"IDH begins divvy payments on schedule + Obourland bottomline rises in 2Q"},"content":{"rendered":"<p><strong>MARKET NEWS-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Integrated Diagnostics Holding (IDH) began paying out dividends to its shareholders as<\/strong><strong> scheduled today<\/strong>, the company said in <a href=\"https:\/\/www.idhcorp.com\/statement-regarding-final-dividend-declared-on-7-june-2022\/\">a statement<\/a>. Shareholders are getting dividend payments in the USD the equivalent of EGP 2.17 per share.<\/p>\n<p><strong>EARNINGS WATCH-<\/strong><\/p>\n<p><strong>Cheesemaker Obourland saw its bottom line increase 21.6% y-o-y in 2Q2022 to<\/strong><strong> EGP 90.23 mn<\/strong>, according to the company\u2019s <a href=\"https:\/\/ent.news\/2022\/7\/Obourland2Q2022.pdf\">financial statements<\/a><a href=\"https:\/\/ent.news\/2022\/7\/Obourland2Q2022.pdf\">(pdf)<\/a>. The company\u2019s sales revenues jumped 36.7% y-o-y to EGP 873.87 mn.<\/p>\n<hr class=\"grey-line\">\n<p><strong>MARKET ROUNDUP-<\/strong><\/p>\n<p><strong>The EGX30 fell 0.7% at today\u2019s close<\/strong> on turnover of EGP 818 mn (1.2% below the 90-day average). Local investors were net sellers. The index is down 22.3% YTD.<\/p>\n<p><strong>In the green: <\/strong>Rameda (+2.1%), Ezz Steel (+1.4%) and e-Finance (+1.0%).<\/p>\n<p><strong>In the red: <\/strong>MM Group (-4.6%), Fawry (-4.0%) and GB Auto (-3.7%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MARKET NEWS- Integrated Diagnostics Holding (IDH) began paying out dividends to its shareholders as scheduled today, the company said in a statement. Shareholders are getting dividend payments in the USD the equivalent of EGP 2.17 per share. EARNINGS WATCH- Cheesemaker Obourland saw its bottom line increase 21.6% y-o-y in 2Q2022 to EGP 90.23 mn, according [&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":[633,642,723],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-551883","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-enterprisepm","tag-go-with-the-flow","tag-obour-land","wpautop","entry"],"acf":{"mongo_id":"69fa4a88-e48a-4d50-b54a-6a7983983c41","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[551874],"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>IDH begins divvy payments on schedule + Obourland bottomline rises in 2Q - 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\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDH begins divvy payments on schedule + Obourland bottomline rises in 2Q\" \/>\n<meta property=\"og:description\" content=\"MARKET NEWS- Integrated Diagnostics Holding (IDH) began paying out dividends to its shareholders as scheduled today, the company said in a statement. Shareholders are getting dividend payments in the USD the equivalent of EGP 2.17 per share. EARNINGS WATCH- Cheesemaker Obourland saw its bottom line increase 21.6% y-o-y in 2Q2022 to EGP 90.23 mn, according [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-27T13:45:03+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IDH begins divvy payments on schedule + Obourland bottomline rises in 2Q\",\"datePublished\":\"2022-07-27T13:45:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/\"},\"wordCount\":128,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterprisePM\",\"Go with the Flow\",\"Obour Land\"],\"articleSection\":[\"GO WITH THE FLOW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/27\/idh-begins-divvy-payments-on-schedule-obourland-bottomline-rises-in-2q\/\",\"name\":\"IDH begins divvy payments on schedule + Obourland bottomline rises in 2Q - 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Shareholders are getting dividend payments in the USD the equivalent of EGP 2.17 per share. 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The company\u2019s topline grew 28% y-o-y during the quarter to EGP 2.9 bn.Cheesemaker Obourland saw its bottom line increase\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":598175,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/earnings-watch-adib-acc-b-investments-raya-naeem-hhd-eastern-obourland-eipico\/","url_meta":{"origin":551883,"position":1},"title":"Earnings watch: ADIB, ACC, B Investments, Raya, Naeem, HHD, Eastern, Obourland, EIPICO","author":"enterpriseam admin","date":"16 May 2019","format":false,"excerpt":"EARNINGS WATCH- B Investments posted a net profit of EGP 35.48 mn in 1Q2019, up 5.5% y-o-y from EGP 33.53 mn in the comparable quarter last year, the company said (pdf). The rise in profits was fueled by an 18% increase in revenues to EGP 50.25 mn during the quarter\u2026","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":566199,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/02\/idh-reports-surge-in-1q2021-drive-by-covid-tests-oih-sells-down-beltone-stake\/","url_meta":{"origin":551883,"position":2},"title":"IDH reports surge in 1Q2021, drive by covid tests + OIH sells down Beltone stake","author":"enterpriseam admin","date":"2 June 2021","format":false,"excerpt":"The EGX30 fell 1.2% at today\u2019s close on turnover of EGP 1.69 bn (23.1% above the 90-day average). Local investors were net buyers. The index is down 6.7% YTD.In the green: Ibnsina Pharma (+3.8%), Emaar Misr (+1.4%) and Edita (+0.8%).In the red: Cleopatra Hospital (-4.1%), Talaat Moustafa Group Holding (-3.0%)\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":546057,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/26\/earnings-watch-sodic-idh-fawry-obour-land\/","url_meta":{"origin":551883,"position":3},"title":"Earnings Watch: SODIC, IDH, Fawry, Obour Land","author":"enterpriseam admin","date":"26 April 2022","format":false,"excerpt":"Real estate giant SODIC\u2019s bottom line more than doubled y-o-y in 1Q 2022 to reach EGP 226 mn, according to the company\u2019s earnings release (pdf). Revenues for the quarter came in at EGP 1.19 bn, rising 40% y-o-y.Meanwhile, our friends at the upmarket real estate developer delivered record first-quarter gross\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557052,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/idh-net-income-more-than-quadruples-in-2q2021\/","url_meta":{"origin":551883,"position":4},"title":"IDH net income more than quadruples in 2Q2021","author":"enterpriseam admin","date":"5 September 2021","format":false,"excerpt":"Integrated Diagnostics Holdings\u2019 (IDH) 2Q2021 net income more than quadrupled y-o-y to EGP 326.6 mn ion 2Q2021, from EGP 72 mn in the same time last year, according to the company\u2019s earnings release (pdf). This significant growth came on the back of a surge in revenues, which more than doubled\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/59.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566017,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/23\/fawry-sees-bottom-line-surge-in-1q2021\/","url_meta":{"origin":551883,"position":5},"title":"Fawry sees bottom line surge in 1Q2021","author":"enterpriseam admin","date":"23 May 2021","format":false,"excerpt":"The EGX30 rose 0.75% at today\u2019s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors were net sellers. The index is down 0.35% YTD. In the green: ElSewedy Electric (+4.8%), Heliopolis Housing (+3.3%) and Sodic (+1.9%). In the red: Edita (-3.7%), Oriental Weavers (-1.9%) and\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\/551883","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=551883"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/551883\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/551874"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=551883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=551883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=551883"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=551883"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=551883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}