{"id":558571,"date":"2021-08-17T04:13:04","date_gmt":"2021-08-17T04:13:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/"},"modified":"2021-08-17T04:13:04","modified_gmt":"2021-08-17T04:13:04","slug":"raya-holding-turns-to-profit-in-1h2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/","title":{"rendered":"Raya holding turns to profit in 1H2021"},"content":{"rendered":"<p><strong>Raya Holding returned to profit in 1H2021<\/strong>, reporting net income of EGP 151.9 mn after posting an EGP 95.5 mn loss in the same period last year, according to a company <a href=\"https:\/\/ent.news\/2021\/8\/Raya-Holding.pdf\">earnings release (pdf)<\/a>. Revenues rose to EGP 8.3 bn in 1H2021, compared to EGP 4.8 bn in 1H2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raya Holding returned to profit in 1H2021, reporting net income of EGP 151.9 mn after posting an EGP 95.5 mn loss in the same period last year, according to a company earnings release (pdf). Revenues rose to EGP 8.3 bn in 1H2021, compared to EGP 4.8 bn in 1H2020.<\/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":[7208],"tags":[302,409,72,614],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558571","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-earnings","tag-earnings-watch","tag-enterpriseam","tag-raya-holding","wpautop","entry"],"acf":{"mongo_id":"67b8c2d2-7bf4-4c3f-9468-27a53c6dc638","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[558559],"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>Raya holding turns to profit in 1H2021 - 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\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya holding turns to profit in 1H2021\" \/>\n<meta property=\"og:description\" content=\"Raya Holding returned to profit in 1H2021, reporting net income of EGP 151.9 mn after posting an EGP 95.5 mn loss in the same period last year, according to a company earnings release (pdf). Revenues rose to EGP 8.3 bn in 1H2021, compared to EGP 4.8 bn in 1H2020.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-17T04:13:04+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\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya holding turns to profit in 1H2021\",\"datePublished\":\"2021-08-17T04:13:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/\"},\"wordCount\":52,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"earnings\",\"earnings watch\",\"EnterpriseAM\",\"Raya Holding\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/\",\"name\":\"Raya holding turns to profit in 1H2021 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-08-17T04:13:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Raya holding turns to profit in 1H2021\"}]},{\"@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":"Raya holding turns to profit in 1H2021 - 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\/08\/17\/raya-holding-turns-to-profit-in-1h2021\/","og_locale":"en_US","og_type":"article","og_title":"Raya holding turns to profit in 1H2021","og_description":"Raya Holding returned to profit in 1H2021, reporting net income of EGP 151.9 mn after posting an EGP 95.5 mn loss in the same period last year, according to a company earnings release (pdf). 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Revenues rose to EGP 16.9 bn, compared with EGP 10.8 bn in 2020.","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":598175,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/earnings-watch-adib-acc-b-investments-raya-naeem-hhd-eastern-obourland-eipico\/","url_meta":{"origin":558571,"position":5},"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). 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