{"id":577347,"date":"2022-11-20T04:02:28","date_gmt":"2022-11-20T04:02:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/"},"modified":"2022-11-20T04:02:28","modified_gmt":"2022-11-20T04:02:28","slug":"ci-capital-idh-raya-holding-report-3q-earnings","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/","title":{"rendered":"CI Capital, IDH + Raya Holding report 3Q earnings"},"content":{"rendered":"

<\/a> Earnings continued in earnest on Thursday<\/strong>, with a number of high-profile companies releasing their 3Q 2022 figures.<\/p>\n

CI CAPITAL-<\/strong><\/p>\n

CI Capital reported a 28% increase in revenues to EGP 2.5 bn in 9M 2022<\/strong>, it said in a statement (pdf)<\/a>. Net earnings after tax and minority interest rose to EGP 486 mn, up 18% from a year earlier.<\/p>\n

CI Capital\u2019s investment bank \u201cdelivered solid results\u201d across the board<\/strong>, it said in the statement. Investment banking revenues reached EGP 58 mn during the first nine months of the year. CI Capital Asset Management saw its assets under management almost quadruple to EGP 48.4 bn, while the company\u2019s brokerage captured a 16.4% market share, it said.<\/p>\n

NBFS growth: <\/strong>CI Capital\u2019s non-bank financial services platform also registered strong growth across revenues, net income, and new bookings, with Reefy reporting a 67% increase in net income, CI Mortgage tripling its loan portfolio to EGP 598 mn, and Corplease booking a EGP 271 mn profit.<\/p>\n

What they said:<\/strong> Chairman Mahmoud Attalla attributed the results to the \u201cefficiency of [CI Capitals] talented workforce, and a resilient business model that can weather market challenges.\u201d<\/p>\n

NBFS activities accounted for 82% of CI Capital\u2019s group consolidated revenues<\/strong>, Group CEO Hesham Gohar said. \u201cThe Group continued to lead the Egyptian market with total on balance sheet financing portfolio reaching a new record-high.\u201d<\/p>\n

INTEGRATED DIAGNOSTICS HOLDINGS-<\/strong><\/p>\n

Integrated Diagnostics Holdings (IDH) saw its net income fall 65% y-o-y to EGP <\/strong>403.4 mn in 9M 2022<\/strong>, according to its latest earnings<\/a>release (pdf)<\/a>. Revenues at the medical diagnostics firm were down 26% y-o-y to EGP 2.8 bn in the nine-month period. IDH attributed the dip in revenue to a dropoff in demand for covid-related products, while margins were squeezed by higher accounting fees, higher marketing expenses, higher running costs at newly opened branches, and the cost of securing USD to fund its 2021 dividend, which it paid earlier this year.<\/p>\n

Covid-related income was down, conventional revenues were up: <\/strong>Covid-19-related income was down 65% to EGP 678 mn in the first nine months of the year, as demand and average prices fell. This was partly offset by an increase in conventional revenues, which grew 14% to EGP 2.1 bn.<\/p>\n

Revenues from the company\u2019s local operations were down 28% in 9M 2022 <\/strong>thanks to the \u201crapid decline\u201d in covid testing demand. Egypt still accounted for 82% of the company's total net sales, followed by Jordan with 16%, then Nigeria (2%) and Sudan (0.5%).<\/p>\n

What they said: <\/strong>\u201cMid-way through the final quarter of the year, we remain well on track to record double-digit full-year growth, a remarkable achievement in light of the difficult macroeconomic environment faced across our markets and more generally across the world,\u201d IDH CEO Hend El Sherbini said. \u201cDespite the short-term challenges currently faced by the business, we remain optimistic on its long-term growth prospects, and have continued to invest to deliver on our long-term growth strategy.\u201d<\/p>\n

RAYA HOLDING-<\/strong><\/p>\n

Raya Holding\u2019s net income dropped 45% y-o-y in <\/strong>9M 2022 to EGP 241 mn<\/strong>, according to the company\u2019s earnings release (pdf)<\/a>. Revenues were up 14% during the first nine months of the year to post EGP 14.1 bn, as trade, IT, fintech non-bank financial services (NBFS), and FMCG sectors continued to outperform. Raya\u2019s net income was down 69% <\/strong>y-o-y in 3Q 2022 to EGP 97 mn<\/strong> even as revenues rose 21% to nearly EGP 5.0 bn.<\/p>\n

Raya blames base effect: <\/strong>Raya attributed the fall in net income to a negative base effect thanks to one-off earnings from last year\u2019s sale of recycling subsidiary BariQ<\/a> to Intro Group.<\/p>\n

The breakdown:<\/strong> Raya\u2019s trade and distribution business unit generated 41% of Raya\u2019s total revenues in 9M 2022. The second biggest contributor was the firm\u2019s IT sector with 18%, followed by fintech NBFS with 18%.<\/p>\n

IPO WATCH:<\/strong> The boards of Raya Holding and Aman Holding are hoping that market conditions will \u201csoon\u201d be favorable to list their NBFS platform Aman on the stock exchange, the company said. The Aman IPO was planned to take place this year but was pushed to 2023<\/a> due to turbulence in the financial markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Earnings continued in earnest on Thursday, with a number of high-profile companies releasing their 3Q 2022 figures. CI CAPITAL- CI Capital reported a 28% increase in revenues to EGP 2.5 bn in 9M 2022, it said in a statement (pdf). Net earnings after tax and minority interest rose to EGP 486 mn, up 18% from […]<\/p>\n","protected":false},"author":1,"featured_media":577348,"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":[7208],"tags":[136,409,72,1406,614],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-577347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-ci-capital","tag-earnings-watch","tag-enterpriseam","tag-integrated-diagnostics-holding","tag-raya-holding","wpautop","entry"],"acf":{"mongo_id":"17ef1bb1-1e11-44c0-9b72-ed7d61ece967","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/11\/302.jpg","photo_position":"above","related_issue":[577335],"teaser":"","voice_url":""},"yoast_head":"\nCI Capital, IDH + Raya Holding report 3Q earnings - 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\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CI Capital, IDH + Raya Holding report 3Q earnings\" \/>\n<meta property=\"og:description\" content=\"Earnings continued in earnest on Thursday, with a number of high-profile companies releasing their 3Q 2022 figures. CI CAPITAL- CI Capital reported a 28% increase in revenues to EGP 2.5 bn in 9M 2022, it said in a statement (pdf). Net earnings after tax and minority interest rose to EGP 486 mn, up 18% from […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-20T04:02:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CI Capital, IDH + Raya Holding report 3Q earnings\",\"datePublished\":\"2022-11-20T04:02:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/\"},\"wordCount\":659,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1\",\"keywords\":[\"CI Capital\",\"earnings watch\",\"EnterpriseAM\",\"Integrated Diagnostics Holding\",\"Raya Holding\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/\",\"name\":\"CI Capital, IDH + Raya Holding report 3Q earnings - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-11-20T04:02:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CI Capital, IDH + Raya Holding report 3Q earnings\"}]},{\"@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":"CI Capital, IDH + Raya Holding report 3Q earnings - 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\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/","og_locale":"en_US","og_type":"article","og_title":"CI Capital, IDH + Raya Holding report 3Q earnings","og_description":"Earnings continued in earnest on Thursday, with a number of high-profile companies releasing their 3Q 2022 figures. CI CAPITAL- CI Capital reported a 28% increase in revenues to EGP 2.5 bn in 9M 2022, it said in a statement (pdf). Net earnings after tax and minority interest rose to EGP 486 mn, up 18% from […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-11-20T04:02:28+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"CI Capital, IDH + Raya Holding report 3Q earnings","datePublished":"2022-11-20T04:02:28+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/"},"wordCount":659,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1","keywords":["CI Capital","earnings watch","EnterpriseAM","Integrated Diagnostics Holding","Raya Holding"],"articleSection":["EARNINGS WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/","name":"CI Capital, IDH + Raya Holding report 3Q earnings - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1","datePublished":"2022-11-20T04:02:28+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/ci-capital-idh-raya-holding-report-3q-earnings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"CI Capital, IDH + Raya Holding report 3Q earnings"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/302.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":616773,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/11\/ci-capital-ode-raya-holding-report-2023-earnings\/","url_meta":{"origin":577347,"position":0},"title":"CI Capital, ODE, Raya Holding report 2023 earnings","author":"enterpriseam admin","date":"11 March 2024","format":false,"excerpt":"CI Capital saw strong top and bottomline growth driven by solid performances among its NBFS and investment bank","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2426.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":655192,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/14\/ci-capital-eastern-company-and-heliopolis-housing-report-their-earnings\/","url_meta":{"origin":577347,"position":1},"title":"CI Capital, Eastern Company, and Heliopolis Housing report their earnings","author":"enterpriseam admin","date":"14 November 2024","format":false,"excerpt":"CI Capital\u2019s net income after minority interest and taxes came in at EGP 344 mn for 3Q 2024","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1361.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":620959,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/29\/phd-ci-capital-raya-holding-gb-corp-report-1q-earnings\/","url_meta":{"origin":577347,"position":2},"title":"PHD, CI Capital, Raya Holding, GB Corp report 1Q earnings","author":"enterpriseam admin","date":"29 May 2024","format":false,"excerpt":"Palm Hills\u2019 sales jumped 377% y-o-y to a record of EGP 32.3 bn","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2339.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583561,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/12\/earnings-watch-ci-capital-raya-holding\/","url_meta":{"origin":577347,"position":3},"title":"Earnings watch: CI Capital + Raya Holding","author":"enterpriseam admin","date":"12 March 2023","format":false,"excerpt":"EARNINGS WATCH-CI Capital reported EGP 796 mn in net income after tax and minority interest in 2022, rising 17% y-o-y. the company said in an earnings release (pdf). The group saw record revenues of EGP 3.9 bn during the year, up 9% y-o-y on a non-adjusted basis and up 37%\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":603867,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/22\/ci-capital-revenues-nearly-double-in-1h-2023\/","url_meta":{"origin":577347,"position":4},"title":"CI Capital revenues nearly double in 1H 2023","author":"enterpriseam admin","date":"22 August 2023","format":false,"excerpt":"The group\u2019s loan book reached a record high of EGP 20 bn during the six-month period","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1005.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579769,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/17\/ci-capital-revenues-up-28-y-o-y-in-9m-2022\/","url_meta":{"origin":577347,"position":5},"title":"CI Capital revenues up 28% y-o-y in 9M 2022","author":"enterpriseam admin","date":"17 November 2022","format":false,"excerpt":"CI Capital reported a 28% increase in revenues to EGP 2.5 bn in 9M 2022, it said in a statement (pdf) out this afternoon. Net earnings after tax and minority interest rose to EGP 486 mn, up 18% compared with the first nine months of 2021. The group\u2019s investment bank\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577347","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=577347"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577347\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/577335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/577348"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=577347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=577347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=577347"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=577347"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=577347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}