{"id":632749,"date":"2018-02-19T04:31:03","date_gmt":"2018-02-19T04:31:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/19\/earnings-watch-ekh-reports-fy2017-results\/"},"modified":"2018-02-19T04:31:03","modified_gmt":"2018-02-19T04:31:03","slug":"earnings-watch-ekh-reports-fy2017-results","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/19\/earnings-watch-ekh-reports-fy2017-results\/","title":{"rendered":"Earnings watch: EKH reports FY2017 results"},"content":{"rendered":"

EARNINGS WATCH- Our friends at Egypt Kuwait Holding (EKH) reported double-digit revenue growth in FY2017<\/strong>. The company posted net income of USD 138.2 mn, up from USD 69.8 mn in FY2016, on revenues of USD 413.7 mn, up from USD 351.2 mn the previous year, it said in a statement on Sunday (pdf)<\/a>. The year was \u201cone of portfolio restructuring and investment streamlining with the aim of unlocking new value for shareholders,\u201d Chairman Moataz Al-Alfi said. Management is optimistic going forward, saying the year ahead should see the company \u201ccarry out our expansion plans at operating businesses to build on this growth momentum, as well as continue investing in new ventures poised to substantially contribute to profitability,\u201d the company added.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Our friends at Egypt Kuwait Holding (EKH) reported double-digit revenue growth in FY2017. The company posted net income of USD 138.2 mn, up from USD 69.8 mn in FY2016, on revenues of USD 413.7 mn, up from USD 351.2 mn the previous year, it said in a statement on Sunday (pdf). The year […]<\/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-632749","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5d29b24e-d5df-4891-9238-96de2ed29b9b","order":"0","is_powered_by":true,"section_story_id":"194f9b5d-1eea-44f5-9418-68629336aed0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632728],"teaser":"","voice_url":""},"yoast_head":"\nEarnings watch: EKH reports FY2017 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\/2018\/02\/19\/earnings-watch-ekh-reports-fy2017-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: EKH reports FY2017 results\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Our friends at Egypt Kuwait Holding (EKH) reported double-digit revenue growth in FY2017. 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Four of the wells the company is studying this year will be in the Camus gas field,\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":628889,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/16\/earnings-watch-edita-ekh-qalaa-cleopatra-hospitals-palm-hills-nbk-egypt-ode\/","url_meta":{"origin":632749,"position":1},"title":"Earnings Watch: Edita, EKH, Qalaa, Cleopatra Hospitals, Palm Hills, NBK Egypt, ODE","author":"enterpriseam admin","date":"16 May 2018","format":false,"excerpt":"EARNINGS WATCH- Plenty of our friends in corporate Egypt have reported results in the past 24 hours: Edita Food Industries reported a 50.8% y-o-y jump in its bottom line for 1Q2018 to EGP 60.9 mn, up from EGP 40.4 mn in the comparable quarter last year. Net profit climbed on\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":621697,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/earnings-watch-ekh-b-investments-tmg-te-report-q32018-results\/","url_meta":{"origin":632749,"position":2},"title":"Earnings watch: EKH, B Investments, TMG, TE report Q32018 results","author":"enterpriseam admin","date":"15 November 2018","format":false,"excerpt":"EARNINGS WATCH- Investment company Egypt Kuwait Holding (EKH) saw its 3Q2018 revenues rise 37% y-o-y to USD 118.6 mn, the company announced yesterday (pdf). Revenue growth was driven by strong operational performance in the fertilizers and petrochemicals segment, as well as healthy growth in the energy sector. 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