{"id":595788,"date":"2019-08-06T04:00:48","date_gmt":"2019-08-06T04:00:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/earnings-emaar-misr-turns-loss-of-egp-324-3-mn-in-3q2019\/"},"modified":"2019-08-06T04:00:48","modified_gmt":"2019-08-06T04:00:48","slug":"earnings-emaar-misr-turns-loss-of-egp-324-3-mn-in-3q2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/earnings-emaar-misr-turns-loss-of-egp-324-3-mn-in-3q2019\/","title":{"rendered":"Earnings: Emaar Misr turns loss of EGP 324.3 mn in 3Q2019"},"content":{"rendered":"

EARNINGS WATCH-<\/b> Emaar Misr turned net losses of EGP 324.3 mn in 2Q2019<\/b>, down from a net profit of EGP 598.5 mn in 2Q2018, according to the developer\u2019s earnings release (pdf)<\/a>. This came despite the company\u2019s revenues declining by only 3.4% y-o-y to EGP 890.8 mn from EGP 922.2 mn. The real estate plater posted a profit of EGP 94.3 mn in the first six months of the year, down 91% y-o-y from EGP 1.1 bn in the comparable period.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Emaar Misr turned net losses of EGP 324.3 mn in 2Q2019, down from a net profit of EGP 598.5 mn in 2Q2018, according to the developer\u2019s earnings release (pdf). This came despite the company\u2019s revenues declining by only 3.4% y-o-y to EGP 890.8 mn from EGP 922.2 mn. The real estate plater posted […]<\/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":[302,1527,72,83,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595788","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-earnings","tag-emaar-misr","tag-enterpriseam","tag-real-estate","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b13269af-7c27-4b84-922d-c0434d4ec588","is_powered_by":true,"section_story_id":"195c3e11-29db-44a3-9d57-eaeaecadc010","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595767],"teaser":"","voice_url":""},"yoast_head":"\nEarnings: Emaar Misr turns loss of EGP 324.3 mn in 3Q2019 - 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\/06\/earnings-emaar-misr-turns-loss-of-egp-324-3-mn-in-3q2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings: Emaar Misr turns loss of EGP 324.3 mn in 3Q2019\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Emaar Misr turned net losses of EGP 324.3 mn in 2Q2019, down from a net profit of EGP 598.5 mn in 2Q2018, according to the developer\u2019s earnings release (pdf). 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