{"id":644967,"date":"2017-07-09T04:24:33","date_gmt":"2017-07-09T04:24:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/09\/earnings-watch-qalaa-holdings\/"},"modified":"2017-07-09T04:24:33","modified_gmt":"2017-07-09T04:24:33","slug":"earnings-watch-qalaa-holdings","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/09\/earnings-watch-qalaa-holdings\/","title":{"rendered":"Earnings Watch: Qalaa Holdings"},"content":{"rendered":"<p><strong>EARNINGS WATCH-<\/strong> Qalaa Holdings reported a net loss after minority interest of EGP 383.5 mn in 1Q207, compared to a loss of EGP 281.7 7mn in 1Q2016, according to the <a href=\"http:\/\/s3.amazonaws.com\/inktankir2\/qh\/QH%20BR%201Q17%20-%20E%20-%20FINAL.pdf\">company's earnings release<\/a>. While revenues grew by 22% year-on-year for the period, \u201cbottom-line profitability was weighed down by losses at the company\u2019s discontinued operations, namely Africa Railways and Designopolis,\u201d the statement reads.\u201cManagement\u2019s ultimate goal is to continue streamlining and reshaping our investments in a manner that allows us to maximize value from the prevailing macro trends,\u201dsaid Qalaa Holdings Co-Founder and Managing Director Hisham El-Khazindar. \u201cOur efforts are already bearing fruit with core platforms delivering a steady improvement in financial and operational results, and with Qalaa on a steady course to deliver sustainable profitability at the consolidated level by 2018.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Qalaa Holdings reported a net loss after minority interest of EGP 383.5 mn in 1Q207, compared to a loss of EGP 281.7 7mn in 1Q2016, according to the company's earnings release. While revenues grew by 22% year-on-year for the period, \u201cbottom-line profitability was weighed down by losses at the company\u2019s discontinued operations, namely [&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-644967","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"abfc06bb-1d56-4060-b19a-7cd3154f2054","order":"0","is_powered_by":true,"section_story_id":"e9768218-bae7-418c-ad8c-b3dec73bc7c9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644952],"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: Qalaa Holdings - 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\/07\/09\/earnings-watch-qalaa-holdings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings Watch: Qalaa Holdings\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Qalaa Holdings reported a net loss after minority interest of EGP 383.5 mn in 1Q207, compared to a loss of EGP 281.7 7mn in 1Q2016, according to the company&#039;s earnings release. 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Qalaa\u2019s revenues rose 40% y-o-y in 3Q2018 to EGP 3.3 bn \u201con the back\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":633981,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/earnings-watch-qalaa-holdings-reports-3q2017-results\/","url_meta":{"origin":644967,"position":1},"title":"Earnings watch: Qalaa Holdings reports 3Q2017 results","author":"enterpriseam admin","date":"2 January 2018","format":false,"excerpt":"EARNINGS WATCH- Qalaa Holdings reported consolidated net revenues of EGP 2.469 bn in 3Q2017, growing 38% y-o-y from EGP 1.76 bn \u201con the back of strong growth from energy subsidiaries TAQA Arabia and Tawazon, as well as solid performances at ASEC Holding and ASCOM,\u201d according to the company\u2019s earnings release\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":626465,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/earnings-watch-qalaa-holdings-revenues-rise-48-losses-narrow-54-y-o-y-in-1q2018\/","url_meta":{"origin":644967,"position":2},"title":"Earnings Watch: Qalaa Holdings revenues rise 48%, losses narrow 54% y-o-y in 1Q2018","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"EARNINGS WATCH- Qalaa Holdings revenues rise 48%, losses narrow 54% y-o-y in 1Q2018: Qalaa Holdings\u2019 revenues rose 48% y-o-y in 1Q2018 to EGP 3.1 bn \u201cdue to stellar performance of its key segments, broad-based economic recovery, and a favorable regulatory environment,\u201d the company said in a regulatory filing (pdf). 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":622431,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/01\/qalaa-holdings-records-net-profit-of-egp-486-9-mn-in-2q2018\/","url_meta":{"origin":644967,"position":3},"title":"Qalaa Holdings records net profit of EGP 486.9 mn in 2Q2018","author":"enterpriseam admin","date":"1 October 2018","format":false,"excerpt":"EARNINGS WATCH- Qalaa Holdings recorded a net profit of EGP 486.9 mn in 2Q2018, compared to a net loss of EGP 2.756 bn in the same period last year, according to the company\u2019s earnings release (pdf). 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