{"id":592312,"date":"2023-08-03T00:00:00","date_gmt":"2023-08-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/"},"modified":"2023-08-03T00:00:00","modified_gmt":"2023-08-03T00:00:00","slug":"hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/","title":{"rendered":"HSBC\u2019s net income more than doubles in 1H on rising rates"},"content":{"rendered":"

Higher rates fuels strong net income, revenue growth at HSBC:<\/strong> HSBC Holding Plc\u2019s net profit surged 102% y-o-y to USD 18.1 bn in 1H 2023 on the back of rising central bank rates around the world, according to the London-based lender\u2019s earnings release (pdf)<\/a>. Revenues, meanwhile, rose 50% to USD 36.9 bn during the period. The lender attributed the figures to rising interest rates worldwide \u2014 which drove up net interest income across all of its global businesses \u2014 in addition to tight cost control. Net interest income rose 36.5% y-o-y to USD 18.3 bn in the first half of 2023.<\/p>\n

Wealth + commercial banking underpinned revenue growth:<\/strong> The wealth and personal banking segment was the largest contributor to pre-tax profits, bringing in USD 8.6 bn during the six-month period and rising 40% y-o-y. Commercial banking contributed USD 7.9 bn to the group\u2019s pre-tax income, up 37% y-o-y.<\/p>\n

CLOSER TO HOME- HSBC Bank Middle East turned in a strong performance <\/strong>as it continued to dominate the regional equity- and debt-capital-markets league tables in the first half. The unit reported profit before tax in the first half of USD 673 mn (+78%) on net operating income of USD 1.2 bn (+50%). Its wealth and personal banking unit saw net operating income up 93%, commercial banking grew 57%, and global banking and markets was up 22%. <\/p>\n

Looking ahead:<\/strong> HSBC Plc has upped its full-year guidance for net interest income from USD 34 bn to more than USD 35 bn due to the current market consensus about global central bank rates, the bank said. HSBC\u2019s board approved an interim dividend of USD 0.10 per share, which will be paid out in September. It also approved a share buyback of up to USD 2 bn<\/strong> which it expects to complete within three months.<\/p>\n

REAX- The market cheered the results<\/strong> as HSBC\u2019s shares in London rose 2.7%. The bank\u2019s stock is up 68% over two years, Reuters<\/a> notes, while rival Barclays is down 14% in the same period.<\/p>\n","protected":false},"excerpt":{"rendered":"

The bank has upgraded its full-year guidance for net interest income<\/p>\n","protected":false},"author":1,"featured_media":592313,"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":[204,409,72,490],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-banking","tag-earnings-watch","tag-enterpriseam","tag-hsbc","wpautop","entry"],"acf":{"mongo_id":"c4c7ebdd-3d8a-4c3d-ba08-888141884771","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/111.jpg","photo_position":"above","homepage_title":"","full_issue_title":"HSBC profits more than double in 1H on rising rates","related_issue":[592302],"teaser":"The bank has upgraded its full-year guidance for net interest income","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.45b56fec-4e42-4404-8927-93b4e1e5d0fa.mp3"},"yoast_head":"\nHSBC\u2019s net income more than doubles in 1H on rising rates - 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\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HSBC\u2019s net income more than doubles in 1H on rising rates\" \/>\n<meta property=\"og:description\" content=\"The bank has upgraded its full-year guidance for net interest income\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-03T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"HSBC\u2019s net income more than doubles in 1H on rising rates\",\"datePublished\":\"2023-08-03T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/\"},\"wordCount\":322,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.jpg?fit=%2C&ssl=1\",\"keywords\":[\"banking\",\"earnings watch\",\"EnterpriseAM\",\"HSBC\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/\",\"name\":\"HSBC\u2019s net income more than doubles in 1H on rising rates - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-08-03T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HSBC\u2019s net income more than doubles in 1H on rising rates\"}]},{\"@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":"HSBC\u2019s net income more than doubles in 1H on rising rates - 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\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/","og_locale":"en_US","og_type":"article","og_title":"HSBC\u2019s net income more than doubles in 1H on rising rates","og_description":"The bank has upgraded its full-year guidance for net interest income","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-08-03T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.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":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"HSBC\u2019s net income more than doubles in 1H on rising rates","datePublished":"2023-08-03T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/"},"wordCount":322,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.jpg?fit=%2C&ssl=1","keywords":["banking","earnings watch","EnterpriseAM","HSBC"],"articleSection":["EARNINGS WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/","name":"HSBC\u2019s net income more than doubles in 1H on rising rates - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.jpg?fit=%2C&ssl=1","datePublished":"2023-08-03T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/03\/hsbcs-net-income-more-than-doubles-in-1h-on-rising-rates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"HSBC\u2019s net income more than doubles in 1H on rising rates"}]},{"@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\/2023\/8\/111.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/111.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\/2023\/8\/111.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":548711,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/18\/earnings-watch-efg-hermes-palm-hills-swvl\/","url_meta":{"origin":592312,"position":0},"title":"Earnings Watch: EFG Hermes, Palm Hills, Swvl","author":"enterpriseam admin","date":"18 August 2022","format":false,"excerpt":"EFG Hermes\u2019 net income after tax and minority interest eased 15% y-o-y to EGP 344 mn in 2Q 2022 on higher taxes and minority interest after the consolidation of aiBank, according to its earnings release (pdf).The group\u2019s operating revenues rose 28% y-o-y to EGP 2.1 bn during the quarter, boosted\u2026","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\/2022\/8\/320.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591094,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/31\/sodic-mashreq-earnings-more-than-double-in-2q-2023\/","url_meta":{"origin":592312,"position":1},"title":"SODIC + Mashreq earnings more than double in 2Q 2023","author":"enterpriseam admin","date":"31 July 2023","format":false,"excerpt":"SODIC\u2019s bottomline more than doubles in 2Q 2023: Upmarket real estate deve loper SODI C reported net income of EGP 148 mn in 2Q 2023, up 126% y-o-y, according to the company\u2019s latest earnings release (pdf). The company\u2019s revenues for the quarter dipped 7% y-o-y to EGP 1.42 bn. Over\u2026","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\/5\/164.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599468,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/14\/fawrys-bottom-line-nearly-quadruples-in-1h-2023-ibnsina-reports-rise-in-earnings\/","url_meta":{"origin":592312,"position":2},"title":"Fawry\u2019s bottom line nearly quadruples in 1H 2023; Ibnsina reports rise in earnings","author":"enterpriseam admin","date":"14 August 2023","format":false,"excerpt":"Fawry\u2019s banking services segment drove revenue growth, sales at Ibnsina were up on price hikes","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\/642.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":586626,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/15\/qalaa-revenues-more-than-double-in-2022-on-record-refining-margins-plus-cib-ode-report-1q23-earnings\/","url_meta":{"origin":592312,"position":3},"title":"Qalaa revenues more than double in 2022 on record refining margins. PLUS: CIB, ODE report 1Q23 earnings","author":"enterpriseam admin","date":"15 May 2023","format":false,"excerpt":"High oil prices fueled a 162% rise in revenues at the Egyptian Refining Company","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\/5\/778.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548636,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/16\/enough-earnings-for-you\/","url_meta":{"origin":592312,"position":4},"title":"Enough earnings for you?","author":"enterpriseam admin","date":"16 August 2022","format":false,"excerpt":"Yesterday was an earnings extravaganza, ladies and gentlemen. Among those reporting were (in alphabetical order): Contact Financial Holding\u2019s net income dipped 4% y-o-y to EGP 104.4 mn in 2Q 2022 amid challenging economic conditions, according to the company\u2019s financial statements (pdf).The company recorded solid growth in its financing and ins.\u2026","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\/2022\/8\/278.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544875,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/24\/ci-capital-net-income-up-44-in-4q-2021\/","url_meta":{"origin":592312,"position":5},"title":"CI Capital net income up 44% in 4Q 2021","author":"enterpriseam admin","date":"24 March 2022","format":false,"excerpt":"CI Capital\u2019s net income rose 44% y-o-y to EGP 269 mn in 4Q 2021, according to the company\u2019s earnings release (pdf). Consolidated revenues rose 20% during the October-December period to EGP 923 mn, with net interest income rising 9% to EGP 293 mn. On a full-year basis, CI Capital reported\u2026","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\/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\/592312","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=592312"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/592312\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/592302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/592313"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=592312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=592312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=592312"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=592312"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=592312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}