{"id":579795,"date":"2022-11-20T13:27:23","date_gmt":"2022-11-20T13:27:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/arabia-investment-holdings-net-income-down-17-5-in-9m-2022\/"},"modified":"2022-11-20T13:27:23","modified_gmt":"2022-11-20T13:27:23","slug":"arabia-investment-holdings-net-income-down-17-5-in-9m-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/20\/arabia-investment-holdings-net-income-down-17-5-in-9m-2022\/","title":{"rendered":"Arabia Investment Holding\u2019s net income down 17.5% in 9M 2022"},"content":{"rendered":"

Arabia Investment Holding\u2019s (AIH) net income eased 17.5% y-o-y to post EGP 47 <\/strong>mn<\/strong> in 9M 2022, the company said in its earnings release (pdf)<\/a>. Revenues dropped 25.0% y-o-y in the same period to post EGP 900 mn, amid a slowdown in the car financing market.<\/p>\n

\n

The EGX30 rose 0.1% at today\u2019s close<\/strong> on turnover of EGP 1.44 bn (18.3% above the 90-day average). Regional investors were net sellers. The index is up 4.8% YTD.<\/p>\n

In the green: <\/strong>Mopco (+3.6%), Elsewedy Electric (+2.7%) and Credit Agricole Egypt (+2.5%).<\/p>\n

In the red: <\/strong>Cleopatra Hospitals (-4.1%), e-Finance (-2.4%) and Telecom Egypt (-2.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"

Arabia Investment Holding\u2019s (AIH) net income eased 17.5% y-o-y to post EGP 47 mn in 9M 2022, the company said in its earnings release (pdf). Revenues dropped 25.0% y-o-y in the same period to post EGP 900 mn, amid a slowdown in the car financing market. The EGX30 rose 0.1% at today\u2019s close on turnover […]<\/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":[7219],"tags":[2467,409,633,642],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579795","post","type-post","status-publish","format-standard","hentry","category-go-with-the-flow","tag-arabia-investment-holding","tag-earnings-watch","tag-enterprisepm","tag-go-with-the-flow","wpautop","entry"],"acf":{"mongo_id":"0f35f3fa-b1fe-4662-bfd8-c68845a31c32","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[579781],"teaser":"","voice_url":""},"yoast_head":"\nArabia Investment Holding\u2019s net income down 17.5% in 9M 2022 - 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\/arabia-investment-holdings-net-income-down-17-5-in-9m-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arabia Investment Holding\u2019s net income down 17.5% in 9M 2022\" \/>\n<meta property=\"og:description\" content=\"Arabia Investment Holding\u2019s (AIH) net income eased 17.5% y-o-y to post EGP 47 mn in 9M 2022, the company said in its earnings release (pdf). 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