{"id":572154,"date":"2020-06-14T04:22:50","date_gmt":"2020-06-14T04:22:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/14\/earnings-watch-beltone-prime-holding-at-leasing\/"},"modified":"2020-06-14T04:22:50","modified_gmt":"2020-06-14T04:22:50","slug":"earnings-watch-beltone-prime-holding-at-leasing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/14\/earnings-watch-beltone-prime-holding-at-leasing\/","title":{"rendered":"Earnings Watch: Beltone, Prime Holding, AT Leasing"},"content":{"rendered":"<p><strong>EARNINGS WATCH- Beltone Financial reported a net loss of EGP 8.4 mn during the first <\/strong><strong>three months of 2020<\/strong>, compared with a EGP 23.2 mn loss in 1Q2019, it said in a <a href=\"https:\/\/www.egx.com.eg\/ar\/NewsDetails.aspx?NewsID=198648\">statement<\/a> on the EGX.<\/p>\n<p><strong>Prime Holding also made a loss during the quarter<\/strong>, reporting a net loss of EGP 17.4 mn in 1Q2020 after turning a EGP 2.4 mn profit in the same period last year, according to an EGX <a href=\"https:\/\/www.egx.com.eg\/ar\/NewsDetails.aspx?NewsID=198643\">filing<\/a>.<\/p>\n<p><strong>Al Tawfeek Leasing\u2019s profit rose 1.6% to EGP 19.1 mn during 1Q2020<\/strong>, up from EGP 18.8 mn in the equivalent period last year, according to a <a href=\"https:\/\/www.egx.com.eg\/ar\/NewsDetails.aspx?NewsID=198616\">statement<\/a> on the EGX.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Beltone Financial reported a net loss of EGP 8.4 mn during the first three months of 2020, compared with a EGP 23.2 mn loss in 1Q2019, it said in a statement on the EGX. Prime Holding also made a loss during the quarter, reporting a net loss of EGP 17.4 mn in 1Q2020 [&hellip;]<\/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":[5295,812,72,976,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572154","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-at-leasing","tag-beltone-financial","tag-enterpriseam","tag-prime-holding","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7d9e0bda-52d8-4760-b5c9-af3f4bee7b65","is_powered_by":true,"section_story_id":"16943e92-e4f3-4837-afde-320acc8d2bd5","story_type":"1","photo_url":"","photo_position":"above","related_issue":[572138],"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: Beltone, Prime Holding, AT Leasing - 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\/14\/earnings-watch-beltone-prime-holding-at-leasing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings Watch: Beltone, Prime Holding, AT Leasing\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Beltone Financial reported a net loss of EGP 8.4 mn during the first three months of 2020, compared with a EGP 23.2 mn loss in 1Q2019, it said in a statement on the EGX. 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The net loss came despite revenues growing to EGP 95.2 mn in 1Q2017, up from EGP 49.3 mn same period last year. 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":572545,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/29\/earnings-watch-palm-hills-pioneers-holding-sidpec-suez-cement\/","url_meta":{"origin":572154,"position":1},"title":"Earnings Watch: Palm Hills, Pioneers Holding, Sidpec, Suez Cement","author":"enterpriseam admin","date":"29 June 2020","format":false,"excerpt":"EARNINGS WATCH- Palm Hills Developments (PHD) saw its net profits fall by 42% to EGP 81 mn in 1Q2020 from EGP 141 mn in the same period last year, according to its quarterly financials (pdf). This came despite revenues rising 18% to EGP 1.1 bn from EGP 958 mn. Pioneers\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":628684,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/earnings-watch\/","url_meta":{"origin":572154,"position":2},"title":"Earnings watch","author":"enterpriseam admin","date":"10 May 2018","format":false,"excerpt":"EARNINGS WATCH- B Investments reports solid financial performance in FY2017: BPE Holding for Financial Investments reported a solid financial performance in FY2017, with consolidated net profits after tax for the year growing 152% y-o-y to EGP 133.2 mn. Consolidated revenues grew 58% y-o-y to EGP 171.6 mn, the company said\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":602064,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/earnings-watch-cleopatra-beltone-financial-report-2018-results\/","url_meta":{"origin":572154,"position":3},"title":"Earnings watch: Cleopatra, Beltone Financial report 2018 results","author":"enterpriseam admin","date":"18 March 2019","format":false,"excerpt":"EARNINGS WATCH- Cleopatra Hospitals Group reported a 168% y-o-y increase in net profit in 4Q2018 to EGP 90.2 mn, up from EGP 33.6 mn in 4Q2017, according to the company\u2019s earnings release (pdf). Revenues for the quarter stood at EGP 394 mn, up 27% y-o-y from EGP 309.6 mn in\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":642534,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/","url_meta":{"origin":572154,"position":4},"title":"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty","author":"enterpriseam admin","date":"16 August 2017","format":false,"excerpt":"EARNINGS WATCH- EFG Hermes reported a net profit after tax and minority interest from continued operations of EGP 395 mn in 2Q2017, up 718% y-o-y. EFG Hermes said its operating revenues increased by 252% to cross the EGP 1 bn in 2Q2017. \u201cOur strategy to diversify our lines of business\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":564153,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/earnings-watch-beltone-nbk-egypt-credit-agricole-egypt-gsk-obour-land-arabian-cement\/","url_meta":{"origin":572154,"position":5},"title":"Earnings watch: Beltone, NBK Egypt, Credit Agricole Egypt, GSK, Obour Land, Arabian Cement","author":"enterpriseam admin","date":"11 August 2021","format":false,"excerpt":"EARNINGS WATCH- Beltone Financial reported net income of EGP 4.7 mn in 2Q2021, up from a loss of EGP 12.1 mn in 2Q2020 and net income of almost EGP 3.8 mn in the first quarter of this year, according to an earnings report (pdf). 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