{"id":571814,"date":"2020-06-01T04:38:24","date_gmt":"2020-06-01T04:38:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/"},"modified":"2020-06-01T04:38:24","modified_gmt":"2020-06-01T04:38:24","slug":"earnings-watch-arafa-holding-mnhd","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/","title":{"rendered":"Earnings Watch: Arafa Holding, MNHD"},"content":{"rendered":"

EARNINGS WATCH- Madinet Nasr Housing & Development\u2019s (MNHD) net profit grew 13.7% in 1Q2020<\/strong> to reach EGP 378.1 mn, up from EGP 332.3 mn<\/a> in the same period last year , according to an EGX disclosure (pdf)<\/a>. Revenues surged by 48% on an annual basis, reaching EGP 941.9 mn during the quarter from EGP 634.22 mn last year.<\/p>\n

Arafa annual profits surge:<\/strong> Arafa Holding reported a five-fold increase in net profits during FY2019-2020, reaching USD 15.2 mn from USD 3.1 mn the year before, according to an EGX<\/a>disclosure<\/a>. Arafa Holding\u2019s fiscal year begins in February.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Madinet Nasr Housing & Development\u2019s (MNHD) net profit grew 13.7% in 1Q2020 to reach EGP 378.1 mn, up from EGP 332.3 mn in the same period last year , according to an EGX disclosure (pdf). Revenues surged by 48% on an annual basis, reaching EGP 941.9 mn during the quarter from EGP 634.22 […]<\/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":[3469,302,72,353,5220,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571814","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-arafa-holding","tag-earnings","tag-enterpriseam","tag-madinet-masr-for-housing-and-development","tag-madinet-nasr-housing-development","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"59091c87-241a-4968-826b-ecd1293253cb","is_powered_by":true,"section_story_id":"3ccf7b90-2727-4961-9d8f-15a3f0b67a45","story_type":"1","photo_url":"","photo_position":"above","related_issue":[571798],"teaser":"","voice_url":""},"yoast_head":"\nEarnings Watch: Arafa Holding, MNHD - 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\/06\/01\/earnings-watch-arafa-holding-mnhd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings Watch: Arafa Holding, MNHD\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Madinet Nasr Housing & Development\u2019s (MNHD) net profit grew 13.7% in 1Q2020 to reach EGP 378.1 mn, up from EGP 332.3 mn in the same period last year , according to an EGX disclosure (pdf). Revenues surged by 48% on an annual basis, reaching EGP 941.9 mn during the quarter from EGP 634.22 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-01T04:38:24+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\/06\/01\/earnings-watch-arafa-holding-mnhd\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings Watch: Arafa Holding, MNHD\",\"datePublished\":\"2020-06-01T04:38:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Arafa Holding\",\"earnings\",\"EnterpriseAM\",\"Madinet Masr for Housing and Development\",\"Madinet Nasr Housing & Development\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/\",\"name\":\"Earnings Watch: Arafa Holding, MNHD - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-06-01T04:38:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/earnings-watch-arafa-holding-mnhd\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings Watch: Arafa Holding, MNHD\"}]},{\"@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: Arafa Holding, MNHD - 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\/06\/01\/earnings-watch-arafa-holding-mnhd\/","og_locale":"en_US","og_type":"article","og_title":"Earnings Watch: Arafa Holding, MNHD","og_description":"EARNINGS WATCH- Madinet Nasr Housing & Development\u2019s (MNHD) net profit grew 13.7% in 1Q2020 to reach EGP 378.1 mn, up from EGP 332.3 mn in the same period last year , according to an EGX disclosure (pdf). 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Net sales plunged more than 45% to USD 57.6 mn from USD 104.3 mn last year.","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":573012,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/earnings-watch-cira-reports-9m2019-2020-results-arafa-holding-reports-1q2020-earnings\/","url_meta":{"origin":571814,"position":1},"title":"Earnings watch: CIRA reports 9M2019-2020 results, Arafa Holding reports 1Q2020 earnings","author":"enterpriseam admin","date":"16 July 2020","format":false,"excerpt":"EARNINGS WATCH- CIRA net profits, revenues jump in 9M2019-2020: Private sector education outfit CIRA reported a 32% y-o-y increase in net profit to EGP 330.4 mn in the first nine months of its fiscal year, which ends on 31 August, according to the company\u2019s earnings release (pdf). Net revenues soared\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":594232,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/23\/earnings-watch-arafa-holding-reports-a-137-y-o-y-increase-in-profits-to-usd-7-7-mn\/","url_meta":{"origin":571814,"position":2},"title":"Earnings Watch: Arafa Holding reports a 137% y-o-y increase in profits to USD 7.7 mn","author":"enterpriseam admin","date":"23 October 2019","format":false,"excerpt":"EARNINGS WATCH- Arafa Holding reported a 137% y-o-y increase in consolidated net profits to reach USD 7.7 mn in 1H2019-20 (Arafa Holding\u2019s fiscal year begins in February), up from a net profit of USD 3.2 mn in the same period in 2018-19, the company said in a statement to the\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":573438,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/earnings-watch-centamin-mining-ezz-steel-juhayna-amer-group-mnhd-erc\/","url_meta":{"origin":571814,"position":3},"title":"Earnings Watch: Centamin Mining, Ezz Steel, Juhayna, Amer Group, MNHD, ERC","author":"enterpriseam admin","date":"5 August 2020","format":false,"excerpt":"EARNINGS WATCH- Centamin Mining pre-tax profits surge on rising gold prices, higher production: Centamin Mining\u2019s pre-tax profits soared by 221% during the first half of the year as the company ramped up production from its Sukari mine and gold prices rose. 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The company\u2019s revenues came in at a negative, reporting a loss of EGP 41.7 mn, compared to bringing in EGP 38.3 mn during the same period\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":575993,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/madinet-nasr-net-profit-flat-in-9m2020\/","url_meta":{"origin":571814,"position":5},"title":"Madinet Nasr net profit flat in 9M2020","author":"enterpriseam admin","date":"5 November 2020","format":false,"excerpt":"EARNINGS WATCH- Madinet Nasr Housing & Development\u2019s (MNHD) net profit was flat during 9M2020, falling marginally to EGP 629 mn from EGP 631 mn in the same period last year, the company said in a regulatory filing (pdf). Revenues climbed 22% to EGP 1.76 bn from EGP 1.44 bn last\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571814","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=571814"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571814\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571798"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571814"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571814"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}