{"id":648814,"date":"2017-04-12T04:12:39","date_gmt":"2017-04-12T04:12:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/"},"modified":"2017-04-12T04:12:39","modified_gmt":"2017-04-12T04:12:39","slug":"lgs-post-float-fx-losses-land-north-of-usd-170-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/","title":{"rendered":"LG\u2019s post-float FX losses land north of USD 170 mn"},"content":{"rendered":"

LG sustained FX losses north of USD 170 mn since the EGP float last November, Egypt Managing Director Don Kwack told Reuters\u2019 Arabic service<\/a> on Tuesday. The company plans to increase its working capital by some USD 130 mn in the coming period, as it expands its operations<\/a> and brings its washing machine production line onstream in May, Kwak added.<\/p>\n","protected":false},"excerpt":{"rendered":"

LG sustained FX losses north of USD 170 mn since the EGP float last November, Egypt Managing Director Don Kwack told Reuters\u2019 Arabic service on Tuesday. The company plans to increase its working capital by some USD 130 mn in the coming period, as it expands its operations and brings its washing machine production line […]<\/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":[7255],"tags":[72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648814","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"41ad03c3-2ee2-4895-91d3-6fbeba5a3783","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648789],"teaser":"","voice_url":""},"yoast_head":"\nLG\u2019s post-float FX losses land north of USD 170 mn - 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\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LG\u2019s post-float FX losses land north of USD 170 mn\" \/>\n<meta property=\"og:description\" content=\"LG sustained FX losses north of USD 170 mn since the EGP float last November, Egypt Managing Director Don Kwack told Reuters\u2019 Arabic service on Tuesday. The company plans to increase its working capital by some USD 130 mn in the coming period, as it expands its operations and brings its washing machine production line […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-12T04:12:39+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"LG\u2019s post-float FX losses land north of USD 170 mn\",\"datePublished\":\"2017-04-12T04:12:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/\"},\"wordCount\":68,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/lgs-post-float-fx-losses-land-north-of-usd-170-mn\/\",\"name\":\"LG\u2019s post-float FX losses land north of USD 170 mn - 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