{"id":594735,"date":"2019-09-05T03:41:31","date_gmt":"2019-09-05T03:41:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/05\/earnings-watch-palm-hills-net-profit-up-3-despite-25-drop-in-revenues\/"},"modified":"2019-09-05T03:41:31","modified_gmt":"2019-09-05T03:41:31","slug":"earnings-watch-palm-hills-net-profit-up-3-despite-25-drop-in-revenues","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/05\/earnings-watch-palm-hills-net-profit-up-3-despite-25-drop-in-revenues\/","title":{"rendered":"Earnings watch: Palm Hills\u2019 net profit up 3% despite 25% drop in revenues"},"content":{"rendered":"

EARNINGS WATCH- Palm Hills Development\u2019s (PHD) net profit rose 3% to EGP 451.47 mn in 1H2019<\/b>, from EGP 439.9 mn during the same period last year, according to the company\u2019s earnings release (pdf)<\/a>. The increase in net profit came despite revenues for the period falling 25% to EGP 2.5 bn from EGP 3.3 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Palm Hills Development\u2019s (PHD) net profit rose 3% to EGP 451.47 mn in 1H2019, from EGP 439.9 mn during the same period last year, according to the company\u2019s earnings release (pdf). The increase in net profit came despite revenues for the period falling 25% to EGP 2.5 bn from EGP 3.3 bn.<\/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":[302,72,354,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594735","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-earnings","tag-enterpriseam","tag-palm-hills-developments","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9a986a8d-44cd-49d1-aa64-b30cd6b427bb","is_powered_by":true,"section_story_id":"942c58ed-18f5-46b9-83bb-e0d479d7c535","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594722],"teaser":"","voice_url":""},"yoast_head":"\nEarnings watch: Palm Hills\u2019 net profit up 3% despite 25% drop in revenues - 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\/2019\/09\/05\/earnings-watch-palm-hills-net-profit-up-3-despite-25-drop-in-revenues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Palm Hills\u2019 net profit up 3% despite 25% drop in revenues\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Palm Hills Development\u2019s (PHD) net profit rose 3% to EGP 451.47 mn in 1H2019, from EGP 439.9 mn during the same period last year, according to the company\u2019s earnings release (pdf). 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