{"id":646700,"date":"2017-06-21T04:18:39","date_gmt":"2017-06-21T04:18:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/"},"modified":"2017-06-21T04:18:39","modified_gmt":"2017-06-21T04:18:39","slug":"earnings-watch-beltone-financial-holding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/","title":{"rendered":"Earnings Watch: Beltone Financial Holding"},"content":{"rendered":"

EARNINGS WATCH-<\/strong> Beltone Financial Holding reported a consolidated net loss<\/a> of EGP 14 mn in 1Q2017, down from a net profit of EGP 13.3 mn in 1Q2016. The net loss came despite revenues growing to EGP 95.2 mn in 1Q2017, up from EGP 49.3 mn same period last year. The acquisition of a 60% stake in Auerbach Grayson & Company drove up Beltone\u2019s salary outlay up by EGP 34.5 mn to EGP 59.5 mn in 1Q2017 from EGP 21.2 mn in 1Q2016. Other expenditures that included rent, maintenance, communications, and travel also went up by EGP 23.4 mn to EGP 39.8 mn in 1Q2017 from EGP 10.0 mn a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"

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. The net loss came despite revenues growing to EGP 95.2 mn in 1Q2017, up from EGP 49.3 mn same period last year. The acquisition of a 60% stake […]<\/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-646700","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"625b1575-0d8a-4600-bebf-b721a1fdfa7e","order":"0","is_powered_by":true,"section_story_id":"bf16e55f-5149-477d-b29a-7d8e17d582e0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646690],"teaser":"","voice_url":""},"yoast_head":"\nEarnings Watch: Beltone Financial 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\/06\/21\/earnings-watch-beltone-financial-holding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings Watch: Beltone Financial Holding\" \/>\n<meta property=\"og:description\" content=\"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. The net loss came despite revenues growing to EGP 95.2 mn in 1Q2017, up from EGP 49.3 mn same period last year. The acquisition of a 60% stake […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-21T04:18:39+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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings Watch: Beltone Financial Holding\",\"datePublished\":\"2017-06-21T04:18:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/\"},\"wordCount\":105,\"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\/06\/21\/earnings-watch-beltone-financial-holding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/\",\"name\":\"Earnings Watch: Beltone Financial Holding - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-06-21T04:18:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings Watch: Beltone Financial Holding\"}]},{\"@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: Beltone Financial Holding - 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\/06\/21\/earnings-watch-beltone-financial-holding\/","og_locale":"en_US","og_type":"article","og_title":"Earnings Watch: Beltone Financial Holding","og_description":"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. The net loss came despite revenues growing to EGP 95.2 mn in 1Q2017, up from EGP 49.3 mn same period last year. The acquisition of a 60% stake […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-06-21T04:18:39+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Earnings Watch: Beltone Financial Holding","datePublished":"2017-06-21T04:18:39+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/"},"wordCount":105,"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\/06\/21\/earnings-watch-beltone-financial-holding\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/","name":"Earnings Watch: Beltone Financial Holding - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-06-21T04:18:39+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/earnings-watch-beltone-financial-holding\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Earnings Watch: Beltone Financial Holding"}]},{"@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":645015,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/earnings-watch-orascom-telecom-media-and-technology-holding\/","url_meta":{"origin":646700,"position":0},"title":"EARNINGS WATCH- Orascom Telecom Media and Technology Holding","author":"enterpriseam admin","date":"10 July 2017","format":false,"excerpt":"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\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":647421,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/earnings-watch-abu-dhabi-islamic-bank-reports-1q2017-results\/","url_meta":{"origin":646700,"position":1},"title":"Earnings watch: Abu Dhabi Islamic Bank reports 1Q2017 results","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"EARNINGS WATCH-Abu Dhabi Islamic Bank (ADIB) Egypt reported a consolidated net profit to EGP 73.7 mn in 1Q2017, a 38.5% y-o-y decrease from the EGP 119.8 mn recorded in 1Q2016, according to an EGX filing. Revenues were up 36% y-o-y to EGP 604 mn in 1Q2017.","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":647531,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/earnings-watch-edita-gth-tmg\/","url_meta":{"origin":646700,"position":2},"title":"Earnings Watch- Edita, GTH, TMG","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"EARNINGS WATCH- Edita reported a 23.5% y-o-y increase in net profit to EGP 40.4 mn in 1Q2017, with revenues increasing by 24.0% y-o-y to EGP 642.4 mn, according to the company\u2019s earnings release. \u201cStrong revenue growth in the first quarter of the year came thanks to Edita\u2019s repricing and portfolio\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":647689,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/earnings-watch-sodic-orascom-hotels-and-development-orascom-development\/","url_meta":{"origin":646700,"position":3},"title":"Earnings Watch: SODIC, Orascom Hotels and Development, Orascom Development","author":"enterpriseam admin","date":"17 May 2017","format":false,"excerpt":"EARNINGS WATCH- Our friends at SODIC reported a 321% y-o-y increase in net profit to EGP 211 mn in 1Q2017. The increase came on a 275% y-o-y increase in revenues \u201creflecting the ramp up in delivered units. Revenues were bolstered by deliveries in Eastown Residences and Westown Residences that combined\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":645947,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/01\/earnings-watch-egyptian-resorts-company-and-raya-contact-center\/","url_meta":{"origin":646700,"position":4},"title":"Earnings watch: Egyptian Resorts Company and Raya Contact Center","author":"enterpriseam admin","date":"1 June 2017","format":false,"excerpt":"EARNINGS WATCH- Egyptian Resorts Company (ERC) reported a consolidated net profit of EGP 66.1 mn in 1Q2017, up from a net loss of EGP 1.4 mn in the same period last year. Revenues increased to EGP 121.3 mn in 1Q2017, up from EGP 10.3 mn in 1Q2016, on the back\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":647638,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/earnings-watch-efg-hermes-telecom-egypt\/","url_meta":{"origin":646700,"position":5},"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 "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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646700","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=646700"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646700\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646690"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646700"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646700"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}