{"id":570061,"date":"2020-03-17T04:35:06","date_gmt":"2020-03-17T04:35:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/"},"modified":"2020-03-17T04:35:06","modified_gmt":"2020-03-17T04:35:06","slug":"raya-reports-egp-85-mn-loss-in-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/","title":{"rendered":"Raya reports EGP 85 mn loss in 2019"},"content":{"rendered":"

EARNINGS WATCH- Raya Holding for Financial Investments <\/strong>has reported losses of EGP<\/a><\/strong>85.1 mn<\/a><\/strong> during 2019<\/strong>, compared to profits of EGP 89.1 mn a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Raya Holding for Financial Investments has reported losses of EGP85.1 mn during 2019, compared to profits of EGP 89.1 mn a year earlier.<\/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":[72,3707,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570061","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-raya-holding-for-financial-investments","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e6820ad5-faa4-4ca2-bd73-81ebb3e39fb5","is_powered_by":true,"section_story_id":"f2e78eb3-6978-4eb5-a04f-a3b7247293ed","story_type":"1","photo_url":"","photo_position":"above","related_issue":[570045],"teaser":"","voice_url":""},"yoast_head":"\nRaya reports EGP 85 mn loss 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\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya reports EGP 85 mn loss in 2019\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Raya Holding for Financial Investments has reported losses of EGP85.1 mn during 2019, compared to profits of EGP 89.1 mn a year earlier.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-17T04:35:06+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\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya reports EGP 85 mn loss in 2019\",\"datePublished\":\"2020-03-17T04:35:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/\"},\"wordCount\":29,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Raya Holding for Financial Investments\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/raya-reports-egp-85-mn-loss-in-2019\/\",\"name\":\"Raya reports EGP 85 mn loss in 2019 - 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Raya is in talks to raise its stake in\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":621224,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/medhat-khalil-considers-forming-consortium-for-egp-500-mn-take-private-bid-on-raya\/","url_meta":{"origin":570061,"position":2},"title":"Medhat Khalil considers forming consortium for EGP 500 mn take-private bid on Raya","author":"enterpriseam admin","date":"4 November 2018","format":false,"excerpt":"M&A WATCH- Medhat Khalil considers forming consortium for EGP 500 mn take-private bid on Raya: Raya founder Medhat Khalil is putting together a group of investors to take Raya Holding for Financial Investments private via a mandatory tender offer (MTO) to acquire 100% of the company, Khalil told Al Mal\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":601701,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/07\/medhat-khalils-raya-holding-mto-moves-forward\/","url_meta":{"origin":570061,"position":3},"title":"Medhat Khalil\u2019s Raya Holding MTO moves forward","author":"enterpriseam admin","date":"7 March 2019","format":false,"excerpt":"M&A WATCH- FRA agrees to MTO announcement for Raya: The Financial Regulatory Authority (FRA) has agreed to publish El Pharonia for Real Estate Investment\u2019s mandatory tender offer (MTO) announcement for Raya Holding for Financial Investments, it said in a statement (pdf). 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Revenues for the year were up to EGP 7.9 bn from EGP 6.7 bn in 2017.The company also announced it has set up non-banking\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\/2020\/2\/194.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595964,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/15\/earnings-watch-raya-holding-domty-suez-cement-tourah-cement\/","url_meta":{"origin":570061,"position":5},"title":"Earnings watch: Raya Holding, Domty, Suez Cement, Tourah Cement","author":"enterpriseam admin","date":"15 August 2019","format":false,"excerpt":"EARNINGS WATCH: Domty 2Q2019 net profits fall 35% y-o-y: Arabian Food Industries (Domty) reported 2Q2019 net income of EGP 37.5 mn, compared to EGP 57.7 mn a year earlier, the company said in a bourse filing (pdf). 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