{"id":595731,"date":"2019-08-05T04:00:36","date_gmt":"2019-08-05T04:00:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/"},"modified":"2019-08-05T04:00:36","modified_gmt":"2019-08-05T04:00:36","slug":"sarwa-capitals-net-income-rises-24-to-egp-183-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/","title":{"rendered":"Sarwa Capital\u2019s net income rises 24% to EGP 183 mn"},"content":{"rendered":"

EARNINGS WATCH- Sarwa Capital profits rise 24% in 1H2019:<\/b> Sarwa Capital posted a net profit of EGP 183 mn in 1H2019, a 24% increase from EGP 148 mn during the same period last year, the company said in a statement (pdf)<\/a>. \u201cWe are pleased to announce our interim results for the first half of 2019, a period marked by a number of key milestones and developments for the business. During the second quarter, we launched our insurance businesses, began factoring services, expanded our commercial vehicle financing operation, engaged in a number of important partnerships, and received the first sukuk issuer license in the market,\u201d the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Sarwa Capital profits rise 24% in 1H2019: Sarwa Capital posted a net profit of EGP 183 mn in 1H2019, a 24% increase from EGP 148 mn during the same period last year, the company said in a statement (pdf). \u201cWe are pleased to announce our interim results for the first half of 2019, […]<\/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":[933,302,72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595731","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-contact-financial","tag-earnings","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"00257186-95af-499f-8f94-7697b7e8b72a","is_powered_by":true,"section_story_id":"2e19aed2-edea-4a4e-bb39-b603d1e78881","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595715],"teaser":"","voice_url":""},"yoast_head":"\nSarwa Capital\u2019s net income rises 24% to EGP 183 mn - 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\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sarwa Capital\u2019s net income rises 24% to EGP 183 mn\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Sarwa Capital profits rise 24% in 1H2019: Sarwa Capital posted a net profit of EGP 183 mn in 1H2019, a 24% increase from EGP 148 mn during the same period last year, the company said in a statement (pdf). \u201cWe are pleased to announce our interim results for the first half of 2019, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-05T04:00:36+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sarwa Capital\u2019s net income rises 24% to EGP 183 mn\",\"datePublished\":\"2019-08-05T04:00:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/\"},\"wordCount\":111,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Contact Financial\",\"earnings\",\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/sarwa-capitals-net-income-rises-24-to-egp-183-mn\/\",\"name\":\"Sarwa Capital\u2019s net income rises 24% to EGP 183 mn - 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Revenues dropped 40% during the period to EGP 645 mn as 13% of gross sales were canceled. The latest quarterly figures\u2026","rel":"","context":"In "Speed Round"","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":598087,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/earnings-watch-oriental-weavers-sarwa-capital\/","url_meta":{"origin":595731,"position":1},"title":"Earnings Watch: Oriental Weavers, Sarwa Capital","author":"enterpriseam admin","date":"14 May 2019","format":false,"excerpt":"EARNINGS WATCH- Sarwa Capital\u2019s net income after tax rose 130% to EGP 120 mn in 1Q2019, up from EGP 52 mn during the same period last year, the company said in a statement (pdf). \u201cWe are pleased to announce our record quarterly profits amidst an eventful period full of developments\u2026","rel":"","context":"In "Speed Round"","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":569592,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/01\/sarwa-capital-profits-up-37-in-2019\/","url_meta":{"origin":595731,"position":2},"title":"Sarwa Capital profits up 37% in 2019","author":"enterpriseam admin","date":"1 March 2020","format":false,"excerpt":"EARNINGS WATCH- Sarwa profits up 37% in 2019: Sarwa Capital\u2019s net profit rose 37% to EGP 389 mn in 2019 from EGP 283 mn the year before, the company said in a press statement (pdf). 4Q profits came in at EGP 109 mn, a 215% increase on the same period\u2026","rel":"","context":"In "Speed Round"","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":560159,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/17\/earnings-watch-sarwa-capital-speed-medical-kima-announce-2020-results\/","url_meta":{"origin":595731,"position":3},"title":"Earnings watch: Sarwa Capital, Speed Medical, Kima announce 2020 results","author":"enterpriseam admin","date":"17 February 2021","format":false,"excerpt":"Sarwa Capital\u2019s net profit eased 9% to EGP 353 mn in 2020, from EGP 389 mn the year before, the company said in a statement (pdf) yesterday. Strong 4Q growth \u2014 EGP 159 mn, up 46% y-o-y \u2014 put the company\u2019s finances back on track after a challenging first nine\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":[]},{"id":621556,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/egypts-ibnsina-pharma-sarwa-capital-report-results\/","url_meta":{"origin":595731,"position":4},"title":"Egypt\u2019s Ibnsina Pharma, Sarwa Capital report results","author":"enterpriseam admin","date":"12 November 2018","format":false,"excerpt":"EARNINGS WATCH- Ibnsina Pharma reported a 26.6% y-o-y increase in net profit to EGP 113.2 mn in 3Q2018, according to the company\u2019s earnings release (pdf). Revenues grew 31.9% y-o-y during the quarter, coming in at nearly EGP 3.5 bn, with growth being driven by client pharmacies, the company said. \u201cManagement\u2019s\u2026","rel":"","context":"In "Speed Round"","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":601393,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/27\/sarwa-capitals-4q-profit-unchanged-volatility-seen-in-the-short-term\/","url_meta":{"origin":595731,"position":5},"title":"Sarwa Capital\u2019s 4Q profit unchanged, volatility seen in the short term","author":"enterpriseam admin","date":"27 February 2019","format":false,"excerpt":"EARNINGS WATCH- Sarwa Capital\u2019s 4Q profit unchanged, volatility seen in the short term: Structured- and consumer-finance firm Sarwa Capital\u2019s 4Q2018 net income was unchanged compared to a year earlier at EGP 34.6 mn, impacted by one off items such as IPO fees and provision for the health insurance tax, the\u2026","rel":"","context":"In "Speed Round"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/595731","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=595731"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/595731\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/595715"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=595731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=595731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=595731"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=595731"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=595731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}