{"id":569080,"date":"2020-02-12T04:36:10","date_gmt":"2020-02-12T04:36:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/"},"modified":"2020-02-12T04:36:10","modified_gmt":"2020-02-12T04:36:10","slug":"americana-egypts-profits-halve-in-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/","title":{"rendered":"Americana Egypt\u2019s profits halve in 2019"},"content":{"rendered":"<p><strong>EARNINGS WATCH- Americana Egypt profits halve in 2019:<\/strong> Americana Egypt\u2019s net profit plunged 48.4% in 2019 to EGP 15.1 mn down from EGP 29.3 mn in 2018, according to the company\u2019s <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/239600_1.pdf\">consolidated earnings statement (pdf)<\/a>. The drop in profits come despite the company seeing revenues rise 11.7% to EGP 4 bn during the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt\u2019s net profit plunged 48.4% in 2019 to EGP 15.1 mn down from EGP 29.3 mn in 2018, according to the company\u2019s consolidated earnings statement (pdf). The drop in profits come despite the company seeing revenues rise 11.7% to EGP 4 bn during the year.<\/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":[8572],"tags":[102,68,72,10259,83,312,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569080","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-capital-markets","tag-egx","tag-enterpriseam","tag-hc","tag-real-estate","tag-sodic","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cc0f79df-ab33-433c-a846-777f4d1665cc","is_powered_by":true,"section_story_id":"be869e27-b84e-46b9-83a1-d2e27bd01784","story_type":"1","photo_url":"","photo_position":"above","related_issue":[569058],"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>Americana Egypt\u2019s profits halve in 2019 - 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\/02\/12\/americana-egypts-profits-halve-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Americana Egypt\u2019s profits halve in 2019\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt\u2019s net profit plunged 48.4% in 2019 to EGP 15.1 mn down from EGP 29.3 mn in 2018, according to the company\u2019s consolidated earnings statement (pdf). The drop in profits come despite the company seeing revenues rise 11.7% to EGP 4 bn during the year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-12T04:36:10+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\/02\/12\/americana-egypts-profits-halve-in-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Americana Egypt\u2019s profits halve in 2019\",\"datePublished\":\"2020-02-12T04:36:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/\"},\"wordCount\":54,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"capital markets\",\"EGX\",\"EnterpriseAM\",\"HC\",\"real estate\",\"SODIC\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/\",\"name\":\"Americana Egypt\u2019s profits halve in 2019 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-02-12T04:36:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Americana Egypt\u2019s profits halve in 2019\"}]},{\"@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":"Americana Egypt\u2019s profits halve in 2019 - 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\/02\/12\/americana-egypts-profits-halve-in-2019\/","og_locale":"en_US","og_type":"article","og_title":"Americana Egypt\u2019s profits halve in 2019","og_description":"EARNINGS WATCH- Americana Egypt profits halve in 2019: Americana Egypt\u2019s net profit plunged 48.4% in 2019 to EGP 15.1 mn down from EGP 29.3 mn in 2018, according to the company\u2019s consolidated earnings statement (pdf). The drop in profits come despite the company seeing revenues rise 11.7% to EGP 4 bn during the year.","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-02-12T04:36:10+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Americana Egypt\u2019s profits halve in 2019","datePublished":"2020-02-12T04:36:10+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/"},"wordCount":54,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["capital markets","EGX","EnterpriseAM","HC","real estate","SODIC","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/","name":"Americana Egypt\u2019s profits halve in 2019 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-02-12T04:36:10+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/americana-egypts-profits-halve-in-2019\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Americana Egypt\u2019s profits halve in 2019"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":569666,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/earnings-watch-emaar-misrs-profits-halve-in-2019\/","url_meta":{"origin":569080,"position":0},"title":"Earnings watch: Emaar Misr's profits halve in 2019","author":"enterpriseam admin","date":"3 March 2020","format":false,"excerpt":"EARNINGS WATCH- Emaar Misr's profits halve in 2019: Emaar Misr profits fell by 49% to EGP 1.74 bn in 2019, down from EGP 3.42 bn in 2018, according to a regulatory filing. The company's revenues declined by 13.7% to EGP 5.57 bn in 2019 from EGP 6.3 bn in 2018.","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":592785,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/earnings-watch-cira-emaar-misr-americana-egypt-report-results\/","url_meta":{"origin":569080,"position":1},"title":"Earnings watch: CIRA, Emaar Misr, Americana Egypt report results","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"EARNINGS WATCH- Cairo for Real Estate and Investment\u2019s (CIRA) net profit soared 75% y-o-y to EGP 221.1 mn in its fiscal year, which ended on 31 August 2019, according to the company\u2019s earnings release (pdf). Revenues rose 36% y-o-y during the fiscal year, coming in at EGP 704.7 mn. The\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":571525,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/14\/earnings-watch-elsewedy-electric-profits-halve-in-1q-as-covid-19-hits-operations\/","url_meta":{"origin":569080,"position":2},"title":"Earnings watch: ElSewedy Electric profits halve in 1Q as covid-19 hits operations","author":"enterpriseam admin","date":"14 May 2020","format":false,"excerpt":"EARNINGS WATCH- ElSewedy Electric profit halve in 1Q as covid-19 hits operations: ElSewedy Electric\u2019s quarterly profits plunged in 1Q2020 as weaknesses in the broader economy caused by the coronavirus impacted its operations, the company said in its quarterly earnings statement yesterday (pdf). The company reported profits of EGP 400 mn\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":601345,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/26\/egytrans-reports-45-9-fall-in-net-profits-to-egp-41-8-mn-in-fy18\/","url_meta":{"origin":569080,"position":3},"title":"Egytrans reports 45.9% fall in net profits to EGP 41.8 mn in FY18","author":"enterpriseam admin","date":"26 February 2019","format":false,"excerpt":"EARNINGS WATCH- Egytrans has reported a FY2018 net profits of EGP 42 mn, down nearly 46% on the previous year, according to the company\u2019s earnings release (pdf). Revenues for the year were down 21% to EGP 278 mn.","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":601152,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/adib-reports-35-y-o-y-rise-in-2018-net-profits-to-egp-850-mn\/","url_meta":{"origin":569080,"position":4},"title":"ADIB reports 35% y-o-y rise in 2018 net profits to EGP 850 mn","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"EARNINGS WATCH- Abu Dhabi Islamic Bank Egypt (ADIB) reported a 35% y-o-y increase in 2018 consolidated net profit to EGP 850 mn, up from EGP 631.6 mn in 2017, the bank said in a regulatory filing (pdf).","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":601598,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/05\/egyptian-cheese-maker-obour-land-records-egp-232-2-in-2018-profits\/","url_meta":{"origin":569080,"position":5},"title":"Egyptian cheese maker Obour Land records EGP 232.2 in 2018 profits","author":"enterpriseam admin","date":"5 March 2019","format":false,"excerpt":"EARNINGS WATCH- Egyptian cheese maker Obour Land recorded a net profit of EGP 236.2 mn in FY2018, down 2.4% y-o-y from EGP 243.2 mn during the previous year, according to its earnings release (pdf). 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569080","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=569080"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569080\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/569058"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=569080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=569080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=569080"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=569080"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=569080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}