{"id":645015,"date":"2017-07-10T04:29:19","date_gmt":"2017-07-10T04:29:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/earnings-watch-orascom-telecom-media-and-technology-holding\/"},"modified":"2017-07-10T04:29:19","modified_gmt":"2017-07-10T04:29:19","slug":"earnings-watch-orascom-telecom-media-and-technology-holding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/earnings-watch-orascom-telecom-media-and-technology-holding\/","title":{"rendered":"EARNINGS WATCH- Orascom Telecom Media and Technology Holding"},"content":{"rendered":"

EARNINGS WATCH-<\/strong> Orascom Telecom Media and Technology Holding (OTMT) reported a 7x increase in net profit for 1Q2017, which came in at EGP 388.5 mn, up from EGP 48.7 mn in 1Q2016, according to the company\u2019s consolidated financial statements (pdf)<\/a>. The growth in bottom line is likely owed to revenues growing nearly three-fold to EGP 297.3 mn in 1Q2017 from EGP 110.8 mn in the same quarter last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Orascom Telecom Media and Technology Holding (OTMT) reported a 7x increase in net profit for 1Q2017, which came in at EGP 388.5 mn, up from EGP 48.7 mn in 1Q2016, according to the company\u2019s consolidated financial statements (pdf). The growth in bottom line is likely owed to revenues growing nearly three-fold to EGP […]<\/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-645015","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"906992cf-318a-46dc-b1e4-2ba3afdf6be1","order":"0","is_powered_by":true,"section_story_id":"f87233cc-6dd2-4d0f-a454-c7e366157aff","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644997],"teaser":"","voice_url":""},"yoast_head":"\nEARNINGS WATCH- Orascom Telecom Media and Technology Holding - 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\/10\/earnings-watch-orascom-telecom-media-and-technology-holding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EARNINGS WATCH- Orascom Telecom Media and Technology Holding\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Orascom Telecom Media and Technology Holding (OTMT) reported a 7x increase in net profit for 1Q2017, which came in at EGP 388.5 mn, up from EGP 48.7 mn in 1Q2016, according to the company\u2019s consolidated financial statements (pdf). 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The telecom company\u2019s normalized net income \u2014 which excludes Vodafone Egypt\u2019s one-offs, the effect of the rising FX rate, provisions, and impairments \u2014 came in at EGP 1.7 bn, staying\u2026","rel":"","context":"In "GO WITH THE FLOW"","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":646700,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/","url_meta":{"origin":645015,"position":3},"title":"Earnings Watch: Beltone Financial Holding","author":"enterpriseam admin","date":"21 June 2017","format":false,"excerpt":"EARNINGS WATCH- Beltone Financial Holding reported a consolidated net loss of EGP 14 mn in 1Q2017, down from a net profit of EGP 13.3 mn in 1Q2016. 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