{"id":557821,"date":"2021-09-05T13:50:25","date_gmt":"2021-09-05T13:50:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/"},"modified":"2021-09-05T13:50:25","modified_gmt":"2021-09-05T13:50:25","slug":"dice-turns-to-profit-in-2q2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/","title":{"rendered":"Dice turns to profit in 2Q2021"},"content":{"rendered":"<p><strong>Clothing manufacturer Dice reported a net profit of EGP 1.8 mn for 2Q2021<\/strong>, up from losses of EGP 47.9 mn recorded during the same quarter last year, according to the company\u2019s latest <a href=\"https:\/\/ent.news\/2021\/9\/Dice-Earnings-Release.pdf\">earnings release (pdf)<\/a>. The company\u2019s revenues rose to EGP 369 mn from EGP 185 mn in 2Q2020.<\/p>\n<p><strong>The EGX30 fell 1.8% at today\u2019s close<\/strong> on turnover of EGP 1.5 bn (0.2% above the 90-day average). Local investors were net sellers. The index is up 2.3% YTD.<\/p>\n<p><strong>In the green:<\/strong> EK Holding (+0.9%), CIRA (+0.2%).<\/p>\n<p><strong>In the red: <\/strong>Egyptian for Tourism Resorts (-11.9%), Orascom Development Egypt (-5.7%) and Pioneers Holding (-4.5%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clothing manufacturer Dice reported a net profit of EGP 1.8 mn for 2Q2021, up from losses of EGP 47.9 mn recorded during the same quarter last year, according to the company\u2019s latest earnings release (pdf). The company\u2019s revenues rose to EGP 369 mn from EGP 185 mn in 2Q2020. The EGX30 fell 1.8% at today\u2019s [&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":[3511,409,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-557821","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-dice-sport-and-casual-wear","tag-earnings-watch","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"ff41c28f-b4d0-4eaa-8724-63a0511b4513","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[557812],"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>Dice turns to profit in 2Q2021 - 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\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dice turns to profit in 2Q2021\" \/>\n<meta property=\"og:description\" content=\"Clothing manufacturer Dice reported a net profit of EGP 1.8 mn for 2Q2021, up from losses of EGP 47.9 mn recorded during the same quarter last year, according to the company\u2019s latest earnings release (pdf). The company\u2019s revenues rose to EGP 369 mn from EGP 185 mn in 2Q2020. The EGX30 fell 1.8% at today\u2019s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-05T13:50:25+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\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dice turns to profit in 2Q2021\",\"datePublished\":\"2021-09-05T13:50:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/\"},\"wordCount\":101,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Dice Sport and Casual Wear\",\"earnings watch\",\"EnterprisePM\",\"Go with the Flow\"],\"articleSection\":[\"GO WITH THE FLOW\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/\",\"name\":\"Dice turns to profit in 2Q2021 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-09-05T13:50:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dice turns to profit in 2Q2021\"}]},{\"@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":"Dice turns to profit in 2Q2021 - 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\/2021\/09\/05\/dice-turns-to-profit-in-2q2021\/","og_locale":"en_US","og_type":"article","og_title":"Dice turns to profit in 2Q2021","og_description":"Clothing manufacturer Dice reported a net profit of EGP 1.8 mn for 2Q2021, up from losses of EGP 47.9 mn recorded during the same quarter last year, according to the company\u2019s latest earnings release (pdf). 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Revenues grew by 30% to EGP 267 mn\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":564425,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/31\/orascom-financial-in-the-black-since-launching-in-december\/","url_meta":{"origin":557821,"position":1},"title":"Orascom Financial in the black since launching in December","author":"enterpriseam admin","date":"31 August 2021","format":false,"excerpt":"Orascom Financial Holding has made a total net income of EGP 36.7 mn since its inception in December last year on revenues of EGP 248.4 mn, according to the company\u2019s financial statements (pdf). In 2Q2021, OFH generated EGP 17.3 mn in net income on revenues of EGP 119.7 mn. 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