{"id":571329,"date":"2020-05-07T04:00:42","date_gmt":"2020-05-07T04:00:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/"},"modified":"2020-05-07T04:00:42","modified_gmt":"2020-05-07T04:00:42","slug":"earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/","title":{"rendered":"Earnings Watch- OIH reports net losses of EGP 418 mn in 2019"},"content":{"rendered":"<p><strong>EARNINGS WATCH- Orascom Investment Holding (OIH) reported a net loss of EGP<\/strong><strong> 418 mn in 2019<\/strong>, compared to a <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/07\/orascom-investment-reports-net-profit-of-egp-865-6-mn-in-2018\/\">net profit of EGP 865.6 mn<\/a> in 2018, <a href=\"https:\/\/egx.com.eg\/downloads\/Bulletins\/244880_3.pdf\">according to an EGX disclosure (pdf)<\/a>. OIH\u2019s revenue came in at EGP 1.17 bn, down from EGP 1.75 bn in 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Orascom Investment Holding (OIH) reported a net loss of EGP 418 mn in 2019, compared to a net profit of EGP 865.6 mn in 2018, according to an EGX disclosure (pdf). OIH\u2019s revenue came in at EGP 1.17 bn, down from EGP 1.75 bn in 2018.<\/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":[5085,72,7087,10341,618,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571329","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-annual","tag-enterpriseam","tag-finance","tag-flow","tag-orascom-investment-holding","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cb5a8722-a502-4e16-8255-0e5011821ef2","is_powered_by":true,"section_story_id":"6a6e2b8c-d828-4a7c-b218-b1aeeac53552","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571310],"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- OIH reports net losses of EGP 418 mn 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\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings Watch- OIH reports net losses of EGP 418 mn in 2019\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Orascom Investment Holding (OIH) reported a net loss of EGP 418 mn in 2019, compared to a net profit of EGP 865.6 mn in 2018, according to an EGX disclosure (pdf). OIH\u2019s revenue came in at EGP 1.17 bn, down from EGP 1.75 bn in 2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-07T04:00:42+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\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings Watch- OIH reports net losses of EGP 418 mn in 2019\",\"datePublished\":\"2020-05-07T04:00:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/\"},\"wordCount\":52,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"annual\",\"EnterpriseAM\",\"Finance\",\"flow\",\"Orascom Investment Holding\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/earnings-watch-oih-reports-net-losses-of-egp-418-mn-in-2019\/\",\"name\":\"Earnings Watch- OIH reports net losses of EGP 418 mn in 2019 - 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Revenue for the period came in at EGP 344.3 mn, down\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":595418,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/25\/orascom-investment-records-net-losses-of-egp-153-4-mn-in-1h2019\/","url_meta":{"origin":571329,"position":1},"title":"Orascom Investment records net losses of EGP 153.4 mn in 1H2019","author":"enterpriseam admin","date":"25 September 2019","format":false,"excerpt":"EARNINGS WATCH- Orascom Investment Holding (OIH) recorded net losses of EGP 153.3 mn in 1H2019, compared to losses of EGP 141.2 mn during the same period last year, the company said in an EGX disclosure (pdf). Revenues fell to EGP 792.4 mn in 1H2019 compared to EGP 823.5 mn a\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":557935,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/13\/oih-sees-net-losses-of-egp-35-5-mn-in-2q2021\/","url_meta":{"origin":571329,"position":2},"title":"OIH sees net losses of EGP 35.5 mn in 2Q2021","author":"enterpriseam admin","date":"13 September 2021","format":false,"excerpt":"EARNINGS WATCH- Orascom Investment Holding (OIH) incurred net losses of EGP 35.5 mn in 2Q2021, compared to losses of EGP 49.9 mn during the same quarter last year, according to their financial statements (pdf). Revenues rose to EGP 220.7 mn in 2Q2021, compared to EGP 177.3 mn in 2Q2020. For\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","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":598918,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/earnings-watch-palm-hills-orascom-investment-holding\/","url_meta":{"origin":571329,"position":3},"title":"Earnings watch: Palm Hills, Orascom Investment Holding","author":"enterpriseam admin","date":"12 June 2019","format":false,"excerpt":"EARNINGS WATCH- Palm Hills Development (PHD) reported a 37% y-o-y drop in 1Q2019 net profit to EGP 141.2 mn, down from EGP 224.2 mn a year earlier, according to the company\u2019s earnings release (pdf). Revenues for the quarter fell 35% y-o-y to EGP 958.1 mn. The company\u2019s board announced on\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":566689,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/oih-dice-report-1q2021-earnings\/","url_meta":{"origin":571329,"position":4},"title":"OIH, Dice report 1Q2021 earnings","author":"enterpriseam admin","date":"7 July 2021","format":false,"excerpt":"EARNINGS WATCH- Orascom Investment Holding (OIH) reported net losses of EGP 31 mn in 1Q2021, compared to a net income of EGP 51.6 mn in the same quarter last year, according to its consolidated financials (pdf). Operating revenues were up to EGP 206.6 mn during the quarter from EGP 179.4\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","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":574599,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/15\/oih-reports-egp-49-9-mn-loss-in-2q2020\/","url_meta":{"origin":571329,"position":5},"title":"OIH reports EGP 49.9 mn loss in 2Q2020","author":"enterpriseam admin","date":"15 September 2020","format":false,"excerpt":"EARNINGS WATCH- Orascom Investment Holding (OIH) reported a EGP 49.9 mn loss in 2Q2020 after making a EGP 74.6 mn loss in the equivalent period last year, according to a company earnings release (pdf). Revenues came in at EGP 232.6 mn during the quarter, down from 273.8 mn in 2Q2019.","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\/571329","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=571329"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571329\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571310"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571329"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571329"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}