{"id":650310,"date":"2017-03-21T03:59:30","date_gmt":"2017-03-21T03:59:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/"},"modified":"2017-03-21T03:59:30","modified_gmt":"2017-03-21T03:59:30","slug":"earnings-watch-arabian-cement-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/","title":{"rendered":"Earnings watch: Arabian Cement"},"content":{"rendered":"<p><strong>** Earnings watch: <\/strong>Arabian Cement Company reports a consolidated net profit of EGP 245 mn in 2016, down 11.6% from EGP 277.2 mn a year before, according to a <a href=\"http:\/\/www.egx.com.eg\/arabic\/NewsDetails.aspx?NewsID=159107\">regulatory filing<\/a>. Despite having no effect on consolidated results, the company incurred FX <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/200390_3.pdf\">losses<\/a> of EGP 81.1 mn due to the impact of the EGP float on its standalone results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>** Earnings watch: Arabian Cement Company reports a consolidated net profit of EGP 245 mn in 2016, down 11.6% from EGP 277.2 mn a year before, according to a regulatory filing. Despite having no effect on consolidated results, the company incurred FX losses of EGP 81.1 mn due to the impact of the EGP float [&hellip;]<\/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-650310","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d2f73910-2179-42cb-b193-752df90a0792","order":"0","is_powered_by":true,"section_story_id":"322ffdbd-3304-4a7b-aa43-bbc95691871c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650296],"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: Arabian Cement - 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\/03\/21\/earnings-watch-arabian-cement-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Arabian Cement\" \/>\n<meta property=\"og:description\" content=\"** Earnings watch: Arabian Cement Company reports a consolidated net profit of EGP 245 mn in 2016, down 11.6% from EGP 277.2 mn a year before, according to a regulatory filing. Despite having no effect on consolidated results, the company incurred FX losses of EGP 81.1 mn due to the impact of the EGP float [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-21T03:59:30+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\/03\/21\/earnings-watch-arabian-cement-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings watch: Arabian Cement\",\"datePublished\":\"2017-03-21T03:59:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/\"},\"wordCount\":57,\"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\/03\/21\/earnings-watch-arabian-cement-2\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/\",\"name\":\"Earnings watch: Arabian Cement - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-21T03:59:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/21\/earnings-watch-arabian-cement-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings watch: Arabian Cement\"}]},{\"@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: Arabian Cement - 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\/03\/21\/earnings-watch-arabian-cement-2\/","og_locale":"en_US","og_type":"article","og_title":"Earnings watch: Arabian Cement","og_description":"** Earnings watch: Arabian Cement Company reports a consolidated net profit of EGP 245 mn in 2016, down 11.6% from EGP 277.2 mn a year before, according to a regulatory filing. 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The company\u2019s consolidated top line climbed to EGP 2.64 bn from EGP 2.35 bn in 2016.","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":642427,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/earnings-watch-porto-group-arabian-cement-company\/","url_meta":{"origin":650310,"position":1},"title":"Earnings watch: Porto Group, Arabian Cement Company","author":"enterpriseam admin","date":"14 August 2017","format":false,"excerpt":"EARNINGS WATCH- Arabian Cement Company reported a consolidated net profit after tax in 2Q2017 of EGP 12 mn, down from EGP 109 mn in 2Q2016, according to the company\u2019s financial statements. Revenues for 2Q2017 fell to EGP 541 from EGP 574 mn during the same period last year.Porto Group reported\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":596220,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/21\/earnings-watch-orascom-development-egypt-arabian-cement\/","url_meta":{"origin":650310,"position":2},"title":"Earnings watch: Orascom Development Egypt, Arabian cement","author":"enterpriseam admin","date":"21 August 2019","format":false,"excerpt":"EARNINGS WATCH- ODE doubles y-o-y profit to EGP 205 mn in 2Q2019: Orascom Development Egypt (ODE) doubled its net profits in 2Q2019 to EGP 205.2 mn, up from EGP 101.5 mn in the same period last year, according to an EGX earnings statement (pdf). Revenues for the quarter climbed 50.9%\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":647365,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/earnings-watch-arabian-cement-company-reports-1q2017-results\/","url_meta":{"origin":650310,"position":3},"title":"Earnings watch: Arabian Cement Company reports 1Q2017 results","author":"enterpriseam admin","date":"9 May 2017","format":false,"excerpt":"EARNINGS WATCH- Arabian Cement Company reported a 75% y-o-y increase in net income to EGP 59.7 mn in 1Q2017, up from EGP 34.1 mn in the same period of last year, according to an EGX filing.","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":564153,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/11\/earnings-watch-beltone-nbk-egypt-credit-agricole-egypt-gsk-obour-land-arabian-cement\/","url_meta":{"origin":650310,"position":4},"title":"Earnings watch: Beltone, NBK Egypt, Credit Agricole Egypt, GSK, Obour Land, Arabian Cement","author":"enterpriseam admin","date":"11 August 2021","format":false,"excerpt":"EARNINGS WATCH- Beltone Financial reported net income of EGP 4.7 mn in 2Q2021, up from a loss of EGP 12.1 mn in 2Q2020 and net income of almost EGP 3.8 mn in the first quarter of this year, according to an earnings report (pdf). The company\u2019s revenues reached EGP 95.9\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","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":637049,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/earnings-watch-gb-auto-acc\/","url_meta":{"origin":650310,"position":5},"title":"Earnings Watch: GB Auto, ACC","author":"enterpriseam admin","date":"7 November 2017","format":false,"excerpt":"EARNINGS WATCH- \u2018This the season, folks. Among those reporting results yesterday: GB Auto announced a consolidated net loss of EGP 138.9 mn in 3Q2017, down from a net profit of EGP 39.4 mn a year earlier. 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