{"id":648753,"date":"2017-04-11T04:15:18","date_gmt":"2017-04-11T04:15:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/earnings-watch-ezz-steel-releases-fy2016-results\/"},"modified":"2017-04-11T04:15:18","modified_gmt":"2017-04-11T04:15:18","slug":"earnings-watch-ezz-steel-releases-fy2016-results","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/earnings-watch-ezz-steel-releases-fy2016-results\/","title":{"rendered":"Earnings watch: Ezz Steel releases FY2016 results"},"content":{"rendered":"

EARNINGS WATCH- Al Ezz Dekheila Steel <\/strong>reported a net profit of EGP 91 mn in 2016, compared with a net loss of EGP 263 mn in 2015, according to filing<\/a> with the EGX. The company\u2019s sales grew 26.9% in 2016 to EGP 13.51 bn. Meanwhile, Faisal Islamic Bank of Egypt reported a net profit of EGP 2.91 bn<\/strong> in 2016, up sharply from EGP 781.99 mn in 2015, according to a disclosure<\/a>. The bank said<\/a> that EGP 1.55 bn of its bottom line was due to gains from foreign currency benefits after the float in November.<\/p>\n","protected":false},"excerpt":{"rendered":"

EARNINGS WATCH- Al Ezz Dekheila Steel reported a net profit of EGP 91 mn in 2016, compared with a net loss of EGP 263 mn in 2015, according to filing with the EGX. The company\u2019s sales grew 26.9% in 2016 to EGP 13.51 bn. Meanwhile, Faisal Islamic Bank of Egypt reported a net profit of […]<\/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-648753","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c979eaf8-343a-4faf-bacf-0a1b9958f0af","order":"0","is_powered_by":true,"section_story_id":"9b4ed3e2-80cc-4cdd-b9dc-5b47fb53a7e1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648740],"teaser":"","voice_url":""},"yoast_head":"\nEarnings watch: Ezz Steel releases FY2016 results - 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\/04\/11\/earnings-watch-ezz-steel-releases-fy2016-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Ezz Steel releases FY2016 results\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Al Ezz Dekheila Steel reported a net profit of EGP 91 mn in 2016, compared with a net loss of EGP 263 mn in 2015, according to filing with the EGX. The company\u2019s sales grew 26.9% in 2016 to EGP 13.51 bn. 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The company yesterday reported (pdf) EGP 15.91 mn in profit during the first three months of the year, up\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":593915,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/14\/earnings-watch-ezz-steel-reports-1h-2019-results\/","url_meta":{"origin":648753,"position":1},"title":"Earnings watch: Ezz Steel reports 1H 2019 results","author":"enterpriseam admin","date":"14 October 2019","format":false,"excerpt":"EARNINGS WATCH- Ezz Steel has reported a consolidated net loss of EGP 2.47 bn in 1H 2019, compared to a EGP 148.5 mn profit during the same period the previous year, according to the company\u2019s financial statement (pdf). Top line net sales increased marginally y-o-y, recording EGP 25.9 bn during\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":596779,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/ezz-steel-reports-consolidated-loss-of-egp-1-28-bn-in-1q2019\/","url_meta":{"origin":648753,"position":2},"title":"Ezz Steel reports consolidated loss of EGP 1.28 bn in 1Q2019","author":"enterpriseam admin","date":"8 July 2019","format":false,"excerpt":"EARNINGS WATCH- Ezz Steel has reported a consolidated net loss of EGP 1.28 bn in 1Q2019, compared to a EGP 184 mn profit during the same period the previous year, according to the company\u2019s financial statement (pdf). Top line net sales were effectively unchanged over the year, recording EGP 12.62\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":573438,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/earnings-watch-centamin-mining-ezz-steel-juhayna-amer-group-mnhd-erc\/","url_meta":{"origin":648753,"position":3},"title":"Earnings Watch: Centamin Mining, Ezz Steel, Juhayna, Amer Group, MNHD, ERC","author":"enterpriseam admin","date":"5 August 2020","format":false,"excerpt":"EARNINGS WATCH- Centamin Mining pre-tax profits surge on rising gold prices, higher production: Centamin Mining\u2019s pre-tax profits soared by 221% during the first half of the year as the company ramped up production from its Sukari mine and gold prices rose. 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CORRECTION- 27 September 2020\u00a0 An earlier version of this story\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":564113,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/09\/rameda-net-income-up-60-in-2q2021\/","url_meta":{"origin":648753,"position":5},"title":"Rameda net income up 60% in 2Q2021","author":"enterpriseam admin","date":"9 August 2021","format":false,"excerpt":"EARNINGS WATCH- Tenth of Ramadan for Pharma Industries and Diagnostic Reagents\u2019 (Rameda) net income rose 60% to EGP 31.5 mn in 2Q2021, up from EGP 19.7 mn in the same period last year, according to the company\u2019s financials (pdf) released this morning. 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