{"id":634754,"date":"2018-01-23T04:18:13","date_gmt":"2018-01-23T04:18:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/"},"modified":"2018-01-23T04:18:13","modified_gmt":"2018-01-23T04:18:13","slug":"earnings-watch-heliopolis-housing-and-abu-qir-fertilizers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/","title":{"rendered":"Earnings watch: Heliopolis Housing and Abu Qir Fertilizers"},"content":{"rendered":"<p><strong>EARNINGS WATCH- Heliopolis Housing<\/strong> reported a 55% y-o-y decline in net profit after tax to EGP 59.2 mn in 1H2017\/18, down from EGP 132 mn during the same period last year, according to a <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/212015_1.pdf\">regulatory filing (pdf)<\/a>. The company explained that the dip in profit came as it paid for an EGP 63 mn plot of land it purchased from the Egyptian Contracting Company in Obour.<\/p>\n<p><strong>Abu Qir Fertilizers reported a 14.38% y-o-y increase in net profit<\/strong> after tax to EGP 1.24 bn in 2017, up from EGP 1.09 bn in 2016, according to a <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/212011_1.pdf\">filing with the EGX disclosure (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Heliopolis Housing reported a 55% y-o-y decline in net profit after tax to EGP 59.2 mn in 1H2017\/18, down from EGP 132 mn during the same period last year, according to a regulatory filing (pdf). The company explained that the dip in profit came as it paid for an EGP 63 mn plot [&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-634754","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9a7ccb9e-4b38-45c3-9542-32ede5d482dd","order":"0","is_powered_by":true,"section_story_id":"b5384ecd-0888-4840-a09f-716bfd6426b1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634740],"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: Heliopolis Housing and Abu Qir Fertilizers - 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\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Heliopolis Housing and Abu Qir Fertilizers\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Heliopolis Housing reported a 55% y-o-y decline in net profit after tax to EGP 59.2 mn in 1H2017\/18, down from EGP 132 mn during the same period last year, according to a regulatory filing (pdf). The company explained that the dip in profit came as it paid for an EGP 63 mn plot [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-23T04:18:13+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\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings watch: Heliopolis Housing and Abu Qir Fertilizers\",\"datePublished\":\"2018-01-23T04:18:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/\"},\"wordCount\":100,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/earnings-watch-heliopolis-housing-and-abu-qir-fertilizers\/\",\"name\":\"Earnings watch: Heliopolis Housing and Abu Qir Fertilizers - 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Revenues fell 1% y-o-y during the period to EGP 2.74 bn from EGP 2.9 bn last year.","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":597312,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/earnings-watch-abu-qir-fertilizers-and-alexandria-mineral-oils\/","url_meta":{"origin":634754,"position":1},"title":"Earnings watch: Abu Qir Fertilizers and Alexandria Mineral Oils","author":"enterpriseam admin","date":"22 July 2019","format":false,"excerpt":"EARNINGS WATCH- Abu Qir Fertilizers FY2018-2019 profits jump 30.5% y-o-y: Abu Qir Fertilizers reported net income of around EGP 3.2 bn in FY2018-2019, compared to EGP 2.4 bn the previous year, the company said in a bourse filing (pdf). Revenues during the year rose 13.7% y-o-y to around EGP 8.6\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":580946,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/29\/earnings-watch-abu-qir-obour-land\/","url_meta":{"origin":634754,"position":2},"title":"Earnings watch: Abu Qir + Obour Land","author":"enterpriseam admin","date":"29 January 2023","format":false,"excerpt":"EARNINGS WATCH-Abu Qir Fertilizers and Chemical Industries\u2019 net income after tax rose to EGP 7.2 bn in 1H 2022-23, up 126% y-o-y, according to its earnings release (pdf). The company\u2019s revenues also rose 80% y-o-y to EGP 11.2 bn.Obour Land\u2019s bottomline rose 42% y-o-y to EGP 135.7 mn in 4Q\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":592737,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/05\/earnings-watch-cib-ibnsina-ci-capital-abu-qir-mnhd-report-results\/","url_meta":{"origin":634754,"position":3},"title":"Earnings watch: CIB, Ibnsina, CI Capital, Abu Qir, MNHD report results","author":"enterpriseam admin","date":"5 November 2019","format":false,"excerpt":"EARNINGS WATCH- CIB net profits rise 23% in 3Q: CIB posted consolidated quarterly profits of EGP 3.18 bn in the third quarter, up 23% from EGP 2.59 bn in the same period last year, according to a company press release (pdf). Revenues for the quarter came in at EGP 6.06\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":572117,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/11\/earnings-watch-misr-cement-abu-qir-telecom-egypt\/","url_meta":{"origin":634754,"position":4},"title":"Earnings Watch: Misr Cement, Abu Qir, Telecom Egypt","author":"enterpriseam admin","date":"11 June 2020","format":false,"excerpt":"EARNINGS WATCH- State-owned Telecom Egypt (TE) reported a 19% y-o-y decline in 1Q2020 net profits to EGP 1.3 bn on the back of declining investment income, according to itsearnings release (pdf). TE\u2019s consolidated revenues rose 15% y-o-y to EGP 7 bn as a result of higher retail data revenues. Misr\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":600604,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/04\/earnings-watch-abu-qir-fertilizers-credit-agricole\/","url_meta":{"origin":634754,"position":5},"title":"Earnings Watch: Abu Qir Fertilizers, Credit Agricole","author":"enterpriseam admin","date":"4 February 2019","format":false,"excerpt":"EARNINGS WATCH- Abu Qir Fertilizers\u2019 net profits rose 32.4% y-o-y in 1H2018-19, which ended in December, to EGP 1.7 bn, the company announced in an EGX filing. Revenues were up 19.6% y-o-y, rising to EGP 5 bn. The figures come at a welcome as the company prepares to sell a\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\/634754","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=634754"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634754\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634740"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634754"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634754"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}