{"id":648016,"date":"2017-05-25T04:13:47","date_gmt":"2017-05-25T04:13:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/earnings-watch-elsewedy-electric-2\/"},"modified":"2017-05-25T04:13:47","modified_gmt":"2017-05-25T04:13:47","slug":"earnings-watch-elsewedy-electric-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/earnings-watch-elsewedy-electric-2\/","title":{"rendered":"Earnings watch: Elsewedy Electric"},"content":{"rendered":"<p><strong>EARNINGS WATCH- Elsewedy Electric doubled its consolidated net profit in 1Q2017 to <\/strong><strong>EGP 1.54 bn in 1Q2017<\/strong>, according to a <a href=\"http:\/\/www.egx.com.eg\/arabic\/NewsDetails.aspx?NewsID=162156\">regulatory filing (pdf)<\/a>. Consolidated revenues increased by 108% y-o-y to EGP 9.78 bn in 1Q2017, <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFFWN1IQ01V\">Reuters<\/a> reports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Elsewedy Electric doubled its consolidated net profit in 1Q2017 to EGP 1.54 bn in 1Q2017, according to a regulatory filing (pdf). Consolidated revenues increased by 108% y-o-y to EGP 9.78 bn in 1Q2017, Reuters reports.<\/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-648016","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d62a16c7-8a94-401f-985a-ae5566414e78","order":"0","is_powered_by":true,"section_story_id":"5cb6f9c4-5f2f-46f0-b4b7-0fca903b05dd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648002],"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: Elsewedy Electric - 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\/05\/25\/earnings-watch-elsewedy-electric-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Elsewedy Electric\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Elsewedy Electric doubled its consolidated net profit in 1Q2017 to EGP 1.54 bn in 1Q2017, according to a regulatory filing (pdf). 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Revenues were up 36% y-o-y to EGP 604 mn in 1Q2017.","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":647142,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/earnings-watch-juhayna\/","url_meta":{"origin":648016,"position":1},"title":"Earnings watch: Juhayna","author":"enterpriseam admin","date":"3 May 2017","format":false,"excerpt":"EARNINGS WATCH- Juhayna reported a 28% y-o-y drop in its net income in 1Q2017 to EGP 58 mn, according to its earnings release. Revenues for the quarter were up 17% y-o-y, registering EGP 1.29 bn. Juhayna says \u201cthe highest contributor to the top-line in 1Q2017 remained to be the dairy\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":630659,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/orange-egypt-net-profits-reach-egp-15-9-mn-in-1q2018\/","url_meta":{"origin":648016,"position":2},"title":"Orange Egypt net profits reach EGP 15.9 mn in 1Q2018","author":"enterpriseam admin","date":"29 April 2018","format":false,"excerpt":"EARNINGS WATCH- Orange Egypt reported a consolidated net profit after tax of EGP 15.9 mn in 1Q2018, up from a net loss of EGP 300.6 mn in 1Q2017, the company said in a bourse filing on Thursday (pdf). 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