{"id":601260,"date":"2019-02-24T04:12:00","date_gmt":"2019-02-24T04:12:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/"},"modified":"2019-02-24T04:12:00","modified_gmt":"2019-02-24T04:12:00","slug":"earnings-watch-tmg-holding-te-report-fy2018-results","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/","title":{"rendered":"Earnings watch: TMG Holding, TE report FY2018 results"},"content":{"rendered":"<p><b>EARNINGS WATCH- TMG Holding reported a 28% increase in 2018 net profit<\/b> to EGP 1.7 bn, the company said in its <u><a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/226634_2.PDF\">earnings release (pdf)<\/a><\/u>. TMG\u2019s revenues were up 28% y-o-y to EGP 10.9 bn.<\/p>\n<p><b>Meanwhile, fixed-line monopoly Telecom Egypt reported a net profit after tax of EGP 3.5 bn<\/b> in FY 2018, up 14% y-o-y from the previous year, <u><a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/226643_2.pdf\">according to the company\u2019s earnings release (pdf)<\/a><\/u>. Revenues for the year were up 23% y-o-y to EGP 22.8 bn, driven by \u201cstrong growth in the retail\u201d and wholesale segments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- TMG Holding reported a 28% increase in 2018 net profit to EGP 1.7 bn, the company said in its earnings release (pdf). TMG\u2019s revenues were up 28% y-o-y to EGP 10.9 bn. Meanwhile, fixed-line monopoly Telecom Egypt reported a net profit after tax of EGP 3.5 bn in FY 2018, up 14% y-o-y [&hellip;]<\/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":[214,302,72,83,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601260","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-cit","tag-earnings","tag-enterpriseam","tag-real-estate","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a404059d-b7f9-4f18-905a-e268411dfe03","is_powered_by":true,"section_story_id":"c32cc657-8e18-43b5-b9b1-a4c54c070240","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601242],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Earnings watch: TMG Holding, TE report FY2018 results - 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\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: TMG Holding, TE report FY2018 results\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- TMG Holding reported a 28% increase in 2018 net profit to EGP 1.7 bn, the company said in its earnings release (pdf). TMG\u2019s revenues were up 28% y-o-y to EGP 10.9 bn. Meanwhile, fixed-line monopoly Telecom Egypt reported a net profit after tax of EGP 3.5 bn in FY 2018, up 14% y-o-y [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-24T04:12:00+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\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings watch: TMG Holding, TE report FY2018 results\",\"datePublished\":\"2019-02-24T04:12:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"CIT\",\"earnings\",\"EnterpriseAM\",\"real estate\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/earnings-watch-tmg-holding-te-report-fy2018-results\/\",\"name\":\"Earnings watch: TMG Holding, TE report FY2018 results - 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Revenue growth was driven by strong operational performance in the fertilizers and petrochemicals segment, as well as healthy growth in the energy sector. Bottom line for\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":630846,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/04\/earnings-watch-sodic-tmg-holding-naeem-holding-report-2017-results\/","url_meta":{"origin":601260,"position":1},"title":"Earnings watch: SODIC, TMG Holding, Naeem Holding report 2017 results","author":"enterpriseam admin","date":"4 March 2018","format":false,"excerpt":"EARNINGS WATCH- SODIC reported a 39% y-o-y jump in net profit to EGP 597 mn in 2017, the company said in a statement (pdf). Revenues increased 11% y-o-y to EGP 2.3 bn during the year, driven mainly by on-schedule deliveries in the company\u2019s various projects. Eastown Residences made up the\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":625799,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/earnings-watch-elsewedy-ekh-ode-tmg-emaar-misr-and-at-lease-report-1h2018-earnings\/","url_meta":{"origin":601260,"position":2},"title":"Earnings Watch: Elsewedy, EKH, ODE, TMG, Emaar Misr, and AT Lease report 1H2018 earnings","author":"enterpriseam admin","date":"15 August 2018","format":false,"excerpt":"EARNINGS WATCH- Elsewedy Electric reported a 21% y-o-y decline in net profit after minority interest in 1H2018 to EGP 2.37 bn, down from EGP 3.01 mn in the same period last year, according to the company\u2019s earnings release (pdf). 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Total revenues for 9M2018 were up 51% y-o-y to EGP 1.8 bn.Oriental Weavers saw its net income fall 12% y-o-y in 3Q2018\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":627247,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/earnings-watch-eastern-company-orange-egypt-vodafone-report-results\/","url_meta":{"origin":601260,"position":4},"title":"EARNINGS WATCH: Eastern Company, Orange Egypt, Vodafone report results","author":"enterpriseam admin","date":"26 July 2018","format":false,"excerpt":"EARNINGS WATCH- Eastern Company reports record 42.5% jump in FY2017-18 net profit to EGP 4.2 bn: The state-owned Eastern Tobacco Company reported a record 42.5% y-o-y jump in net profit after tax to EGP 4.2 bn in FY2017-18, up from EGP 2.9 bn a year before, the company said in\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":604918,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/earnings-watch-sodic-reports-44-y-o-y-net-profit-growth-in-3q2018\/","url_meta":{"origin":601260,"position":5},"title":"Earnings Watch: SODIC reports 44% y-o-y net profit growth in 3Q2018","author":"enterpriseam admin","date":"17 December 2018","format":false,"excerpt":"EARNINGS WATCH- SODIC reported 44% y-o-y growth in its bottom line to EGP 238 mn in 3Q2018 with a strong net profit margin of 26%, the company said in its earnings release (pdf). Revenues reached EGP 909 mn for the quarter, marking a 56% increase y-o-y, driven by \u201cdeliveries in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/561.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601260","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=601260"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601260\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/601242"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=601260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=601260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=601260"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=601260"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=601260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}