{"id":642534,"date":"2017-08-16T04:03:13","date_gmt":"2017-08-16T04:03:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/"},"modified":"2017-08-16T04:03:13","modified_gmt":"2017-08-16T04:03:13","slug":"earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/","title":{"rendered":"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>EARNINGS WATCH- EFG Hermes <\/strong><a href=\"http:\/\/efghermes.com\/en\/News\/Pages\/Corporate-News-Details.aspx?wurl=\/en\/News&lid=64f7e8df-e76b-42cf-9180-30f24b4b9ed1&vid=9310a3fc-11e6-4145-927d-c49e5a218ddf&iid=368\"><strong>reported a net profit after tax and minority interest<\/strong><\/a><strong> from <\/strong><strong>continued operations of EGP 395 mn in 2Q2017<\/strong>, up 718% y-o-y. EFG Hermes said its operating revenues increased by 252% to cross the EGP 1 bn in 2Q2017. \u201cOur strategy to diversify our lines of business has started to create significant value for our shareholders as our non-bank financial operations continued their stellar growth trajectory, with revenues from the platform more than doubling year-on-year in the second quarter \u2026 Meanwhile, our frontier markets and structured products businesses began contributing to our brokerage revenues during the second quarter,\u201d CEO Karim Awad commented.<\/p>\n<p><strong>Beltone Financial <\/strong><a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/206408_2.pdf\"><strong>reported a 123% y-o-y increase<\/strong><\/a><strong> in net profit after <\/strong><strong>taxes and minority interest in 1H2017 to EGP 9.3 mn<\/strong>. Operating revenue was up 486% y-o-y in 1H2017 to EGP 326.2 mn.<\/p>\n<p><strong>Domty <\/strong><a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D8%AF%D9%88%D9%85%D8%AA%D9%89%20%D8%A8%D9%8A%D8%A7%D9%86%20%D8%B5%D8%AD%D9%81%D9%89%20%D8%A7%D9%86%D8%AC%D9%84%D9%8A%D8%B2%D9%89-15-08-2017.pdf\"><strong>reported a 42% y-o-y plunge<\/strong><\/a><strong> in net income to EGP 12 mn in 2Q2017<\/strong> in the latest sign of tough times for consumer names in Egypt. Net sales rose 17.1% y-o-y to EGP 487.1 mn in 2Q2017 compared to the same period last year. \u201cThe third quarter of 2017 represents an important measure of sales volume in the absence of significant events affecting the volume of sales. Accordingly, the expenses will be restructured according to the sales volume in the third quarter,\u201d Domty Vice Chairman Mohamed Damaty says, suggesting that cost cutting may be in order after the third quarter if the market doesn\u2019t pick up.<\/p>\n<p><strong>Orascom Telecom Media and Technology Holding <\/strong><a href=\"http:\/\/www.egx.com.eg\/arabic\/NewsDetails.aspx?NewsID=164349\"><strong>reported a consolidated <\/strong><strong>net profit<\/strong><\/a><strong> of EGP 359.3 mn in 1H2017, up from EGP 8 mn the same period last year<\/strong>. The company also reported <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/206448_1.pdf\">consolidated operating revenues<\/a> (pdf) of EGP 751 mn in 1H2017. <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/206454_1.pdf\">OTMT\u2019s board approved<\/a> spending USD 10 mn on developing and managing the Sound and Light Show at the Pyramids in partnership with Prisme International, <a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFFWN1L10GP\">Reuters reports<\/a>.<\/p>\n<p><strong>Orascom Development Egypt (previously Orascom Hotels and <\/strong><strong>Development) <\/strong><a href=\"http:\/\/www.orascomhd.com\/wp-content\/uploads\/2017\/08\/ODE-1H-17-Earnings-Release.pdf\"><strong>recorded a net profit<\/strong><\/a><strong> attributable to shareholders of EGP 85.6 mn<\/strong> in 2Q2017 from a net loss of EGP 9.3 mn in 2Q2016. The company\u2019s revenues increased to EGP 599.9 mn in 2Q2017 from EGP 334.1 mn a year earlier.<\/p>\n<p><strong>Telecom Egypt reported a 22% y-o-y increase in consolidated net profit <\/strong><strong>after tax in 2Q2017 to EGP 1.27 bn<\/strong>, according to an <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/206410_1.pdf\">EGX filing<\/a> (pdf). Consolidated revenues recorded EGP 4.64 bn in 2Q2017, a 41% y-o-y increase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- EFG Hermes reported a net profit after tax and minority interest from continued operations of EGP 395 mn in 2Q2017, up 718% y-o-y. EFG Hermes said its operating revenues increased by 252% to cross the EGP 1 bn in 2Q2017. \u201cOur strategy to diversify our lines of business has started to create significant [&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-642534","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9e63f18f-dbb0-4f70-b08b-4cb1dcca57dd","order":"0","is_powered_by":true,"section_story_id":"a402ac62-0799-4db6-95c4-5e6a166a893f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642521],"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: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty - 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\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- EFG Hermes reported a net profit after tax and minority interest from continued operations of EGP 395 mn in 2Q2017, up 718% y-o-y. EFG Hermes said its operating revenues increased by 252% to cross the EGP 1 bn in 2Q2017. \u201cOur strategy to diversify our lines of business has started to create significant [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-16T04:03:13+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty\",\"datePublished\":\"2017-08-16T04:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/\"},\"wordCount\":386,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/\",\"name\":\"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-16T04:03:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/","og_locale":"en_US","og_type":"article","og_title":"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty","og_description":"EARNINGS WATCH- EFG Hermes reported a net profit after tax and minority interest from continued operations of EGP 395 mn in 2Q2017, up 718% y-o-y. EFG Hermes said its operating revenues increased by 252% to cross the EGP 1 bn in 2Q2017. \u201cOur strategy to diversify our lines of business has started to create significant [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-16T04:03:13+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty","datePublished":"2017-08-16T04:03:13+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/"},"wordCount":386,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/","name":"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-16T04:03:13+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/16\/earnings-watch-efg-hermes-beltone-financial-otmt-orascom-development-egypt-te-domty\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Earnings Watch: EFG Hermes, Beltone Financial, OTMT, Orascom Development Egypt, TE, Domty"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":647638,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/earnings-watch-efg-hermes-telecom-egypt\/","url_meta":{"origin":642534,"position":0},"title":"Earnings Watch: EFG Hermes, Telecom Egypt","author":"enterpriseam admin","date":"16 May 2017","format":false,"excerpt":"EARNINGS WATCH- EFG Hermes recorded a net profit after tax and minority interest from continued operations of EGP 236 mn in 1Q2017. Total operating revenue increased by 106% y-o-y to EGP 825 mn during the quarter. \u201cOur revenue growth reflects both the robust health of our traditional agency business and\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":573852,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/19\/earnings-watch-efg-hermes-saw-8-y-o-y-net-profit-growth-in-2q2020\/","url_meta":{"origin":642534,"position":1},"title":"Earnings Watch- EFG Hermes saw 8% y-o-y net profit growth in 2Q2020","author":"enterpriseam admin","date":"19 August 2020","format":false,"excerpt":"EARNINGS WATCH- EFG Hermes saw 8% y-o-y net profit growth in 2Q2020: EFG Hermes saw net profits grow to EGP 328 mn in 2Q2020, according to a company\u2019s earnings release (pdf) as revenues rose 26% y-o-y to EGP 1.3 bn in 2Q2020. \u201cTop line performance was primarily driven by revenue\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":576333,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/19\/efg-hermes-posts-18-y-o-y-net-profit-growth-in-3q2020\/","url_meta":{"origin":642534,"position":2},"title":"EFG Hermes posts 18% y-o-y net profit growth in 3Q2020","author":"enterpriseam admin","date":"19 November 2020","format":false,"excerpt":"EARNINGS WATCH- EFG Hermes profits grow 18% y-o-y in 3Q2020: EFG Hermes\u2019 net profits increased to EGP 422 mn in 3Q2020, up from EGP 358 in the third quarter of last year, according to the company\u2019s earnings release (pdf). Revenues grew 21% y-o-y to EGP 1.4 bn in 3Q2020. Performance\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":595926,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/earnings-watch-sodic-efg-hermes-mnhd-telecom-egypt\/","url_meta":{"origin":642534,"position":3},"title":"Earnings watch: Sodic, EFG Hermes, MNHD, Telecom Egypt","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"EARNINGS WATCH- Sodic net income grows 9% y-o-y in 2Q019, revenues double: Sodic recorded a 9% y-o-y increase in net income to EGP 175 mn in 2Q2019, the company said in an earnings statement (pdf) on Thursday. Revenues for the quarter doubled y-o-y to EGP 1 bn as net contracted\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":621746,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/efg-hermes-sees-3q2018-revenues-surpass-egp-1-bn\/","url_meta":{"origin":642534,"position":4},"title":"EFG Hermes sees 3Q2018 revenues surpass EGP 1 bn","author":"enterpriseam admin","date":"18 November 2018","format":false,"excerpt":"EARNINGS WATCH- Regional financial services corporation EFG Hermes reported a net profit after tax and minority interest of EGP 279 mn in 3Q2018, up 18% y-o-y, the company said in a statement on Thursday. The group\u2019s net revenues reached EGP 1.03 bn for the quarter, up 24% y-o-y over 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":592978,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/earnings-watch-efg-hermes-suez-cement-tourah-cement-raya-contact-center-at-lease\/","url_meta":{"origin":642534,"position":5},"title":"Earnings watch: EFG Hermes, Suez Cement, Tourah Cement, Raya Contact Center, AT Lease","author":"enterpriseam admin","date":"13 November 2019","format":false,"excerpt":"EARNINGS WATCH- EFG Hermes\u2019s net profit after tax and minority interest rose 34% to EGP 358 mn in 3Q2019, compared to EGP 279 mn in 3Q2018, according to the company\u2019s earnings release (pdf). Revenues grew 25% to reach EGP 1.2 bn during the quarter. On a nine-month basis, the regional\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\/2019\/7\/efg-hermes-1600px.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\/642534","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=642534"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642534\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642521"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642534"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642534"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}