{"id":553072,"date":"2022-10-18T13:43:56","date_gmt":"2022-10-18T13:43:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/18\/earnings-watch-obour-land-reports-3q-2022-results\/"},"modified":"2022-10-18T13:43:56","modified_gmt":"2022-10-18T13:43:56","slug":"earnings-watch-obour-land-reports-3q-2022-results","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/18\/earnings-watch-obour-land-reports-3q-2022-results\/","title":{"rendered":"Earnings watch: Obour Land reports 3Q 2022 results"},"content":{"rendered":"

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

Obour Land\u2019s bottomline rose 31% y-o-y in 3Q 2022 to EGP 145.8 mn<\/strong>, according to the company\u2019s earnings release (pdf)<\/a>. Obour Land reported EGP 1.34 bn in revenues during the quarter, rising 64% y-o-y.<\/p>\n

\n

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

The EGX30 rose 0.2% at today\u2019s close<\/strong> on turnover of EGP 1.25 bn (20.9% above the 90-day average). Foreign investors were net sellers. The index is down 14.9% YTD.<\/p>\n

In the green: <\/strong>Eastern Company (+3.6%), Housing and Development Bank (+2.9%) and e-Finance (+2.9%).<\/p>\n

In the red: <\/strong>AMOC (-11.0%), Abu Qir Fertilizers (-7.2%) and Alexandria Container and Cargo Handling (-2.1%).<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Obour Land\u2019s bottomline rose 31% y-o-y in 3Q 2022 to EGP 145.8 mn, according to the company\u2019s earnings release (pdf). Obour Land reported EGP 1.34 bn in revenues during the quarter, rising 64% y-o-y. MARKET ROUNDUP- The EGX30 rose 0.2% at today\u2019s close on turnover of EGP 1.25 bn (20.9% above the 90-day […]<\/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":[409,68,633,642,723],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553072","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-earnings-watch","tag-egx","tag-enterprisepm","tag-go-with-the-flow","tag-obour-land","wpautop","entry"],"acf":{"mongo_id":"c844cb33-3155-4f67-9347-19075173a998","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553059],"teaser":"","voice_url":""},"yoast_head":"\nEarnings watch: Obour Land reports 3Q 2022 results - 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\/10\/18\/earnings-watch-obour-land-reports-3q-2022-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Obour Land reports 3Q 2022 results\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Obour Land\u2019s bottomline rose 31% y-o-y in 3Q 2022 to EGP 145.8 mn, according to the company\u2019s earnings release (pdf). Obour Land reported EGP 1.34 bn in revenues during the quarter, rising 64% y-o-y. 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Obour Land\u2019s revenues increased 10% y-o-y to EGP 3 bn in 2021.Alexandria Container and Cargo Handling\u2019s bottom line rose 14.8% y-o-y in the first half of\u2026","rel":"","context":"In "GO WITH THE FLOW"","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":590869,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/26\/earnings-watch-speed-medical-obour-land\/","url_meta":{"origin":553072,"position":3},"title":"Earnings watch: Speed Medical + Obour Land","author":"enterpriseam admin","date":"26 July 2023","format":false,"excerpt":"EARNINGS WATCH- Speed Medical in the red in 2022: Speed Medical recorded net losses of EGP 148.21 mn in 2022, down from a net income of EGP 135.76 mn the previous year, according to the company\u2019s consolidated financials (pdf ). Its revenues dipped 67% y-o-y to EGP 120.01 mn in\u2026","rel":"","context":"In "GO WITH THE FLOW"","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":580998,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/31\/sidpec-releases-2022-earnings-obour-land-plans-dividend-payments\/","url_meta":{"origin":553072,"position":4},"title":"Sidpec releases 2022 earnings + Obour Land plans dividend payments","author":"enterpriseam admin","date":"31 January 2023","format":false,"excerpt":"MARKET WATCH-Sidi Kerir Petrochemicals\u2019 net income after tax rose to EGP 1.24 bn in 2022, up 131% y-o-y, according to its earnings release (pdf). The company\u2019s revenues jumped 69% y-o-y to EGP 8.66 bn.Obour Land is paying out EGP 380 mn of dividends at EGP 0.95 per share, the company\u2026","rel":"","context":"In "GO WITH THE FLOW"","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":567568,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/earnings-watch-rameda-pharma-obour-land\/","url_meta":{"origin":553072,"position":5},"title":"Earnings watch: Rameda Pharma, Obour Land","author":"enterpriseam admin","date":"27 January 2020","format":false,"excerpt":"EARNINGS WATCH- Rameda pre-tax profits fall 12% in 2019: Rameda Pharma made pre-tax profits of EGP 225 mn in FY2019, down 12% y-o-y from EGP 289 mn the year prior, according to a bourse disclosure (pdf). 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