{"id":628684,"date":"2018-05-10T04:21:23","date_gmt":"2018-05-10T04:21:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/earnings-watch\/"},"modified":"2018-05-10T04:21:23","modified_gmt":"2018-05-10T04:21:23","slug":"earnings-watch","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/earnings-watch\/","title":{"rendered":"Earnings watch"},"content":{"rendered":"<p><strong>EARNINGS WATCH- B Investments reports solid financial performance in FY2017: <\/strong>BPE Holding for Financial Investments reported a solid financial performance in FY2017, with consolidated net profits after tax for the year growing 152% y-o-y to EGP 133.2 mn. Consolidated revenues grew 58% y-o-y to EGP 171.6 mn, the company said in <a href=\"https:\/\/ent.news\/2018\/5\/548.pdf\">an earnings release on Wednesday (pdf)<\/a>.<\/p>\n<p><strong>Name change to B Investments sanctioned by OGM:<\/strong> The firm also announced that its ordinary general assembly officially approved changing the name of the company to B Investments.<\/p>\n<p><strong>EARNINGS WATCH- Beltone Financial reported a consolidated net profit of EGP 760,220 in 1Q2018<\/strong>, up from a consolidated net loss of EGP 8.049 mn during the same period last year, <a href=\"http:\/\/egx.com.eg\/arabic\/NewsDetails.aspx?NewsID=172992\">according to an EGX disclosure<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- B Investments reports solid financial performance in FY2017: BPE Holding for Financial Investments reported a solid financial performance in FY2017, with consolidated net profits after tax for the year growing 152% y-o-y to EGP 133.2 mn. Consolidated revenues grew 58% y-o-y to EGP 171.6 mn, the company said in an earnings release on [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628684","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c64c4c29-9145-47c9-bbeb-1ca5dc4b8712","order":"0","is_powered_by":true,"section_story_id":"38336007-ebce-4053-91bc-e4cc9c635b2e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628667],"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 - 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\/2018\/05\/10\/earnings-watch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- B Investments reports solid financial performance in FY2017: BPE Holding for Financial Investments reported a solid financial performance in FY2017, with consolidated net profits after tax for the year growing 152% y-o-y to EGP 133.2 mn. 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The company\u2019s revenues decreased by 6.03% y-o-y to EGP 230.6 mn in 2019 from EGP 245.4 mn.","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":572233,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/earnings-watch-sodic-orascom-investment-b-investments-raya\/","url_meta":{"origin":628684,"position":1},"title":"Earnings watch: Sodic, Orascom Investment, B Investments, Raya","author":"enterpriseam admin","date":"16 June 2020","format":false,"excerpt":"EARNINGS WATCH- Sodic reported a net profit of EGP 28 mn in 1Q2020, down from EGP 161 mn in 1Q2019. Revenues came in at EGP 429 mn from EGP 941 mn in the first quarter of 2019. Low interest income following 750 basis points worth of rate cuts by 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":554827,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/15\/earnings-season-still-going-strong-ezz-steel-ode-amoc-prime-holding-rcc-and-b-investments-report-results\/","url_meta":{"origin":628684,"position":2},"title":"Earnings season still going strong: Ezz Steel, ODE, AMOC, Prime Holding, RCC, and B Investments report results","author":"enterpriseam admin","date":"15 November 2021","format":false,"excerpt":"Ezz Steel posted a net income of EGP 1.4 bn in 3Q2021, after seeing a loss of EGP 1.3 bn in the third quarter of last year, according to the company\u2019s consolidated financials (pdf). Revenues also rose to EGP 18.6 bn in the third quarter, compared with EGP 8.6 bn\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548675,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/17\/b-investments-raya-cx-raya-holding-report-2q-earnings\/","url_meta":{"origin":628684,"position":3},"title":"B Investments, Raya CX + Raya Holding report 2Q earnings","author":"enterpriseam admin","date":"17 August 2022","format":false,"excerpt":"B Investments\u2019 net income rose 74% in 2Q 2022, reaching EGP 38.15 mn, according to the company\u2019s consolidated financial statement(pdf). Revenues for the quarter came in at EGP 44.8 mn, up 19% y-o-y. The company\u2019s bottom line fell 17% y-o-y to EGP 60.5 mn in the first six months of\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/295.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570355,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/29\/earnings-watch-orascom-construction-profits-dip-16-2-y-o-y\/","url_meta":{"origin":628684,"position":4},"title":"Earnings watch: Orascom Construction profits dip 16.2% y-o-y","author":"enterpriseam admin","date":"29 March 2020","format":false,"excerpt":"EARNINGS WATCH- Orascom Construction profits dipped 16.2% y-o-y in 2019 to USD 121.3 mn, compared to USD 144.7 mn the previous year, the company said in its earnings release (pdf). Revenues for the year increased 5.7% to USD 3.184 bn. The company attributed the drop in profits to higher net\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":576295,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/18\/earnings-watch-adib-al-ahly-misr-cement-qena\/","url_meta":{"origin":628684,"position":5},"title":"Earnings watch: ADIB, Al Ahly, Misr Cement Qena","author":"enterpriseam admin","date":"18 November 2020","format":false,"excerpt":"EARNINGS WATCH- Abu Dhabi Islamic Bank recorded net profits of EGP 884.3 mn in 9M2020, down 12.6% y-o-y from EGP 967 mn, according to an EGX filing. Al Ahly for Development and Investment\u2019s consolidated net profit fell to EGP 1.15 mn in 9M2020, down from EGP 11.26 mn in 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628684","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=628684"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628684\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628667"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628684"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628684"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}