{"id":559495,"date":"2021-01-24T03:39:05","date_gmt":"2021-01-24T03:39:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/"},"modified":"2021-01-24T03:39:05","modified_gmt":"2021-01-24T03:39:05","slug":"earnings-watch-obour-land","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/","title":{"rendered":"Earnings watch: Obour Land"},"content":{"rendered":"<p><strong>Cheesemaker Obour Land reported a 5.1% y-o-y rise in its consolidated <\/strong><strong>net income <\/strong><strong>in 2020<\/strong> to EGP 310 mn, up from EGP 295 mn in 2019, the company said in a <a href=\"https:\/\/ent.news\/2021\/1\/Obour-Land-earnings.pdf\">bourse filing (pdf)<\/a>. Revenues for the year came in at EGP 2.74 bn, up from EGP 2.59 bn in 2019.<\/p>\n<p><strong>Madine<\/strong><strong>t Nasr Housing and Development<\/strong>\u2019s presales in 2020 <a href=\"https:\/\/ent.news\/2021\/1\/MNHD-2020-Pre-Sales-PR.pdf\">hit EGP 7 bn<\/a>, rising 11% y-o-y from EGP 6.3 bn in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cheesemaker Obour Land reported a 5.1% y-o-y rise in its consolidated net income in 2020 to EGP 310 mn, up from EGP 295 mn in 2019, the company said in a bourse filing (pdf). Revenues for the year came in at EGP 2.74 bn, up from EGP 2.59 bn in 2019. Madinet Nasr Housing and [&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":[7208],"tags":[988,409,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559495","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-abu-dhabi-commercial-bank","tag-earnings-watch","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e703ae2e-8ff2-4da8-bd0b-2dc91695f2f1","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559472],"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: Obour Land - 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\/01\/24\/earnings-watch-obour-land\/\" \/>\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\" \/>\n<meta property=\"og:description\" content=\"Cheesemaker Obour Land reported a 5.1% y-o-y rise in its consolidated net income in 2020 to EGP 310 mn, up from EGP 295 mn in 2019, the company said in a bourse filing (pdf). Revenues for the year came in at EGP 2.74 bn, up from EGP 2.59 bn in 2019. Madinet Nasr Housing and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-24T03:39:05+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\/01\/24\/earnings-watch-obour-land\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings watch: Obour Land\",\"datePublished\":\"2021-01-24T03:39:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abu Dhabi Commercial Bank\",\"earnings watch\",\"EnterpriseAM\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/\",\"name\":\"Earnings watch: Obour Land - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-01-24T03:39:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/earnings-watch-obour-land\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings watch: Obour Land\"}]},{\"@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: Obour Land - 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\/01\/24\/earnings-watch-obour-land\/","og_locale":"en_US","og_type":"article","og_title":"Earnings watch: Obour Land","og_description":"Cheesemaker Obour Land reported a 5.1% y-o-y rise in its consolidated net income in 2020 to EGP 310 mn, up from EGP 295 mn in 2019, the company said in a bourse filing (pdf). Revenues for the year came in at EGP 2.74 bn, up from EGP 2.59 bn in 2019. 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Revenues for the year increased to EGP 2.4 bn, up 20% y-o-y from EGP 2.0 bn\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":592696,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/earnings-watch-hhd-profits-rise-42-in-fy2018-2019-obour-land-reports-3q-profits\/","url_meta":{"origin":559495,"position":1},"title":"Earnings watch: HHD profits rise 42% in FY2018-2019, Obour land reports 3Q profits","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"EARNINGS WATCH- Real estate company Heliopolis Housing\u2019s net profit was up 42% in FY2018-2019 to EGP 376.4 mn from EGP 265.4 mn last year, it said in a statement on the EGX (pdf). The company\u2019s revenues rose to EGP 1.1 bn during the year. Heliopolis is presently looking to sell\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":567568,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/27\/earnings-watch-rameda-pharma-obour-land\/","url_meta":{"origin":559495,"position":2},"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). This is despite the company\u2019s revenues rising 10.5% during the year to hit EGP\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":596351,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/earnings-watch-obour-land-reports-1h2019-results\/","url_meta":{"origin":559495,"position":3},"title":"Earnings watch: Obour Land reports 1H2019 results","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"EARNINGS WATCH- Cheesemaker Obour Land recorded net income of EGP 127.3 mn in 1H2019, up 10.49% y-o-y from EGP 115.2 mn during 1H2018, according to its consolidated financial statement (pdf). Revenues for the first half of the year increased to EGP 1.19 bn, up 5.13% y-o-y from 1H2018.","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":573649,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/12\/earnings-watch-at-lease-domty-misr-cement-qena-obour-land\/","url_meta":{"origin":559495,"position":4},"title":"Earnings Watch- AT Lease, Domty, Misr Cement Qena, Obour Land","author":"enterpriseam admin","date":"12 August 2020","format":false,"excerpt":"EARNINGS WATCH- AT Lease reported EGP 35.7 mn in net profits during 1H2020, up 4.6% from EGP 34.14 mn in 1H2019, according to an EGX disclosure (pdf). The company's revenues inched down to EGP 242.5 mn over the course of 1H2020 from reported revenues of EGP 242.7 mn in 1H2019,\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":580946,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/29\/earnings-watch-abu-qir-obour-land\/","url_meta":{"origin":559495,"position":5},"title":"Earnings watch: Abu Qir + Obour Land","author":"enterpriseam admin","date":"29 January 2023","format":false,"excerpt":"EARNINGS WATCH-Abu Qir Fertilizers and Chemical Industries\u2019 net income after tax rose to EGP 7.2 bn in 1H 2022-23, up 126% y-o-y, according to its earnings release (pdf). 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