{"id":567865,"date":"2020-12-09T03:48:13","date_gmt":"2020-12-09T03:48:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/"},"modified":"2020-12-09T03:48:13","modified_gmt":"2020-12-09T03:48:13","slug":"ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/","title":{"rendered":"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020"},"content":{"rendered":"

Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020<\/strong>, narrowing losses from EGP 1.85 bn in 3Q2019, according to its latest earnings (pdf)<\/a>. Sales revenue fell 7.7% y-o-y to EGP 8.6 bn during the three-month period.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020, narrowing losses from EGP 1.85 bn in 3Q2019, according to its latest earnings (pdf). Sales revenue fell 7.7% y-o-y to EGP 8.6 bn during the three-month period.<\/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":[130,302,409,72,589,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567865","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-construction","tag-earnings","tag-earnings-watch","tag-enterpriseam","tag-ezz-steel","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"1c779773-4fae-45ce-a971-9ef2bb408b54","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567846],"teaser":"","voice_url":""},"yoast_head":"\nEzz Steel losses narrow to EGP 1.3 bn in 3Q2020 - 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\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020\" \/>\n<meta property=\"og:description\" content=\"Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020, narrowing losses from EGP 1.85 bn in 3Q2019, according to its latest earnings (pdf). Sales revenue fell 7.7% y-o-y to EGP 8.6 bn during the three-month period.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-09T03:48:13+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\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020\",\"datePublished\":\"2020-12-09T03:48:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\"},\"wordCount\":44,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"construction\",\"earnings\",\"earnings watch\",\"EnterpriseAM\",\"Ezz Steel\",\"Manufacturing\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\",\"name\":\"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-12-09T03:48:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020\"}]},{\"@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":"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020 - 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\/2020\/12\/09\/ezz-steel-losses-narrow-to-egp-1-3-bn-in-3q2020\/","og_locale":"en_US","og_type":"article","og_title":"Ezz Steel losses narrow to EGP 1.3 bn in 3Q2020","og_description":"Ezz Steel reported consolidated net losses of EGP 1.34 bn in 3Q2020, narrowing losses from EGP 1.85 bn in 3Q2019, according to its latest earnings (pdf). 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Revenues were down 11% y-o-y to EGP 4.3 bn.Al Ezz Dekheila Steel reported consolidated net losses of EGP 1.2 bn in 3Q2020, widening\u2026","rel":"","context":"In "EARNINGS WATCH"","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":575000,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/al-ezz-dekheila-steel-reports-egp-1-2-bn-losses-in-2q2020\/","url_meta":{"origin":567865,"position":1},"title":"Al Ezz Dekheila Steel reports EGP 1.2 bn losses in 2Q2020","author":"enterpriseam admin","date":"29 September 2020","format":false,"excerpt":"EARNINGS WATCH- Al Ezz Dekheila Steel (EZDK) reported consolidated net losses of EGP 1.2 bn in 2Q2020, compared to EGP 648 mn in 2Q2019, according to its latest earnings (pdf). The company reported losses of EGP 1.1 bn in 1Q2020. CORRECTION- 27 September 2020\u00a0 An earlier version of this story\u2026","rel":"","context":"In "Speed Round"","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":554827,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/15\/earnings-season-still-going-strong-ezz-steel-ode-amoc-prime-holding-rcc-and-b-investments-report-results\/","url_meta":{"origin":567865,"position":2},"title":"Earnings season still going strong: Ezz Steel, ODE, AMOC, Prime Holding, RCC, and B Investments report results","author":"enterpriseam admin","date":"15 November 2021","format":false,"excerpt":"Ezz Steel posted a net income of EGP 1.4 bn in 3Q2021, after seeing a loss of EGP 1.3 bn in the third quarter of last year, according to the company\u2019s consolidated financials (pdf). Revenues also rose to EGP 18.6 bn in the third quarter, compared with EGP 8.6 bn\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":566970,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/ezz-steel-losses-accelerate-on-extremely-adverse-market-conditions\/","url_meta":{"origin":567865,"position":3},"title":"Ezz Steel losses accelerate on \u201cextremely adverse\u201d market conditions","author":"enterpriseam admin","date":"8 January 2020","format":false,"excerpt":"EARNINGS WATCH- Ezz Steel 2019 losses accelerate in 3Q on \u201cextremely adverse\u201d market conditions: Ezz Steel reported a consolidated net loss of EGP 3.59 bn in the first three quarters of 2019, extending its EGP 2.47 bn loss in the first half of the year by more than EGP 1\u2026","rel":"","context":"In "Speed Round"","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":593915,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/14\/earnings-watch-ezz-steel-reports-1h-2019-results\/","url_meta":{"origin":567865,"position":4},"title":"Earnings watch: Ezz Steel reports 1H 2019 results","author":"enterpriseam admin","date":"14 October 2019","format":false,"excerpt":"EARNINGS WATCH- Ezz Steel has reported a consolidated net loss of EGP 2.47 bn in 1H 2019, compared to a EGP 148.5 mn profit during the same period the previous year, according to the company\u2019s financial statement (pdf). Top line net sales increased marginally y-o-y, recording EGP 25.9 bn during\u2026","rel":"","context":"In "Speed Round"","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":545102,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/03\/earnings-watch-telecom-egypt-ezz-steel\/","url_meta":{"origin":567865,"position":5},"title":"Earnings watch: Telecom Egypt, Ezz Steel","author":"enterpriseam admin","date":"3 March 2022","format":false,"excerpt":"EARNINGS WATCH- Telecom Egypt recorded a net income of EGP 8.4 bn in FY2021, up 75% y-o-y, according to the company\u2019s financials (pdf) out today. Revenues also rose 16% y-o-y to EGP 37.1 bn in FY2021.Ezz Steel\u2019s bottom line turned positive in FY2021 reaching EGP 5.4 bn, compared to a\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567865","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=567865"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567865\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567846"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567865"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567865"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}