{"id":596779,"date":"2019-07-08T04:00:34","date_gmt":"2019-07-08T04:00:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/"},"modified":"2019-07-08T04:00:34","modified_gmt":"2019-07-08T04:00:34","slug":"ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/","title":{"rendered":"Ezz Steel reports consolidated loss of EGP 1.28 bn in 1Q2019"},"content":{"rendered":"

EARNINGS WATCH-<\/b> Ezz Steel has reported a consolidated net loss of EGP 1.28 bn in 1Q2019<\/b>, compared to a EGP 184 mn profit during the same period the previous year, according to the company\u2019s financial statement (pdf)<\/a>. Top line net sales were effectively unchanged over the year, recording EGP 12.62 bn during 1Q2019, up slightly from EGP 12.61 bn the year before.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Ezz Steel has reported a consolidated net loss of EGP 1.28 bn in 1Q2019, compared to a EGP 184 mn profit during the same period the previous year, according to the company\u2019s financial statement (pdf). Top line net sales were effectively unchanged over the year, recording EGP 12.62 bn during 1Q2019, up slightly […]<\/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":[302,72,589,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596779","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-earnings","tag-enterpriseam","tag-ezz-steel","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"96052aa8-4707-43c4-bf0b-7414975bb462","is_powered_by":true,"section_story_id":"1c514aaa-97b8-4ebb-8bdf-f6937134abbc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596764],"teaser":"","voice_url":""},"yoast_head":"\nEzz Steel reports consolidated loss of EGP 1.28 bn in 1Q2019 - 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\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ezz Steel reports consolidated loss of EGP 1.28 bn in 1Q2019\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Ezz Steel has reported a consolidated net loss of EGP 1.28 bn in 1Q2019, compared to a EGP 184 mn profit during the same period the previous year, according to the company\u2019s financial statement (pdf). Top line net sales were effectively unchanged over the year, recording EGP 12.62 bn during 1Q2019, up slightly […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-08T04:00:34+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ezz Steel reports consolidated loss of EGP 1.28 bn in 1Q2019\",\"datePublished\":\"2019-07-08T04:00:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/\"},\"wordCount\":69,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"earnings\",\"EnterpriseAM\",\"Ezz Steel\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/\",\"name\":\"Ezz Steel reports consolidated loss of EGP 1.28 bn in 1Q2019 - 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Pre-tax profits rose to USD 191 mn during 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":[]},{"id":598044,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/earnings-watch-ibnsina-pharma-amer-group-ode\/","url_meta":{"origin":596779,"position":1},"title":"Earnings watch: Ibnsina Pharma, Amer Group, ODE","author":"enterpriseam admin","date":"13 May 2019","format":false,"excerpt":"EARNINGS WATCH- Ibnsina Pharma 1Q2019 profits surge 46.6% y-o-y on rapid business growth: Medical products distribution company Ibnsina Pharma reported net profits of EGP 41 mn in 1Q2019 compared to EGP 28 mn a year earlier, a 46.6% y-o-y increase, the company said in a statement (pdf). Quarterly gross revenues\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":572197,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/arabian-cement-profits-triple-in-1q2020-to-egp-16-mn\/","url_meta":{"origin":596779,"position":2},"title":"Arabian Cement profits triple in 1Q2020 to EGP 16 mn","author":"enterpriseam admin","date":"15 June 2020","format":false,"excerpt":"EARNINGS WATCH- Arabian Cement profits triple in 1Q2020 to EGP 16 mn: Spending cuts helped Arabian Cement to deliver a threefold increase in net profit during 1Q2020 despite falling sales revenue. The company yesterday reported (pdf) EGP 15.91 mn in profit during the first three months of the year, up\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":593915,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/14\/earnings-watch-ezz-steel-reports-1h-2019-results\/","url_meta":{"origin":596779,"position":3},"title":"Earnings watch: Ezz Steel reports 1H 2019 results","author":"enterpriseam admin","date":"14 October 2019","format":false,"excerpt":"EARNINGS WATCH- Ezz Steel has reported a consolidated net loss of EGP 2.47 bn in 1H 2019, compared to a EGP 148.5 mn profit during the same period the previous year, according to the company\u2019s financial statement (pdf). Top line net sales increased marginally y-o-y, recording EGP 25.9 bn during\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":566970,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/ezz-steel-losses-accelerate-on-extremely-adverse-market-conditions\/","url_meta":{"origin":596779,"position":4},"title":"Ezz Steel losses accelerate on \u201cextremely adverse\u201d market conditions","author":"enterpriseam admin","date":"8 January 2020","format":false,"excerpt":"EARNINGS WATCH- Ezz Steel 2019 losses accelerate in 3Q on \u201cextremely adverse\u201d market conditions: Ezz Steel reported a consolidated net loss of EGP 3.59 bn in the first three quarters of 2019, extending its EGP 2.47 bn loss in the first half of the year by more than EGP 1\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":575000,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/29\/al-ezz-dekheila-steel-reports-egp-1-2-bn-losses-in-2q2020\/","url_meta":{"origin":596779,"position":5},"title":"Al Ezz Dekheila Steel reports EGP 1.2 bn losses in 2Q2020","author":"enterpriseam admin","date":"29 September 2020","format":false,"excerpt":"EARNINGS WATCH- Al Ezz Dekheila Steel (EZDK) reported consolidated net losses of EGP 1.2 bn in 2Q2020, compared to EGP 648 mn in 2Q2019, according to its latest earnings (pdf). The company reported losses of EGP 1.1 bn in 1Q2020. 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