{"id":651918,"date":"2017-02-23T04:07:15","date_gmt":"2017-02-23T04:07:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/"},"modified":"2017-02-23T04:07:15","modified_gmt":"2017-02-23T04:07:15","slug":"earnings-watch-orange-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/","title":{"rendered":"Earnings watch: Orange Egypt"},"content":{"rendered":"

Orange Egypt reported a consolidated net loss of EGP 2.55 bn in 2016<\/strong> from a profit of EGP 10 mn in 2015, according to a regulatory disclosure<\/a>. FX revaluation charges cost the mobile network operator<\/a> EGP 2.3 bn in 2016. Orange Egypt says its loss owes primarily to<\/a> rising prices and operational costs, the impact of the EGP float on the company\u2019s import bill, the increase in the central bank\u2019s basic interest rates, and weak tourist arrivals which reduced roaming income.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orange Egypt reported a consolidated net loss of EGP 2.55 bn in 2016 from a profit of EGP 10 mn in 2015, according to a regulatory disclosure. FX revaluation charges cost the mobile network operator EGP 2.3 bn in 2016. Orange Egypt says its loss owes primarily to rising prices and operational costs, the impact […]<\/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-651918","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6b046a99-4094-44a9-9f95-d423ea6ee93a","order":"0","is_powered_by":true,"section_story_id":"cf19624e-5131-432a-9ccb-ae48e3db4977","story_type":"1","photo_url":"","photo_position":"above","related_issue":[651900],"teaser":"","voice_url":""},"yoast_head":"\nEarnings watch: Orange Egypt - 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\/02\/23\/earnings-watch-orange-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Earnings watch: Orange Egypt\" \/>\n<meta property=\"og:description\" content=\"Orange Egypt reported a consolidated net loss of EGP 2.55 bn in 2016 from a profit of EGP 10 mn in 2015, according to a regulatory disclosure. FX revaluation charges cost the mobile network operator EGP 2.3 bn in 2016. Orange Egypt says its loss owes primarily to rising prices and operational costs, the impact […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-23T04:07:15+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\/02\/23\/earnings-watch-orange-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Earnings watch: Orange Egypt\",\"datePublished\":\"2017-02-23T04:07:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/\"},\"wordCount\":81,\"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\/02\/23\/earnings-watch-orange-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/\",\"name\":\"Earnings watch: Orange Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-02-23T04:07:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/earnings-watch-orange-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Earnings watch: Orange Egypt\"}]},{\"@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: Orange Egypt - 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\/02\/23\/earnings-watch-orange-egypt\/","og_locale":"en_US","og_type":"article","og_title":"Earnings watch: Orange Egypt","og_description":"Orange Egypt reported a consolidated net loss of EGP 2.55 bn in 2016 from a profit of EGP 10 mn in 2015, according to a regulatory disclosure. 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Consolidated revenues for the period rose 6.26% to EGP 9.35 bn, up from EGP 8.80 bn last\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":630659,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/orange-egypt-net-profits-reach-egp-15-9-mn-in-1q2018\/","url_meta":{"origin":651918,"position":1},"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). Consolidated revenues grew to EGP 3.3 bn for the quarter, up from\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":602109,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/19\/orange-egypt-mulling-a-return-to-egx-to-invest-egp-5-3-bn-this-year\/","url_meta":{"origin":651918,"position":2},"title":"Orange Egypt mulling a return to EGX, to invest EGP 5.3 bn this year","author":"enterpriseam admin","date":"19 March 2019","format":false,"excerpt":"IPO WATCH- Orange Egypt mulls re-listing, plans to invest EGP 5.3 bn this year: Our friends at Orange Egypt are looking into a potential return to the EGX, CEO Yasser Shaker tells Reuters. The company\u2019s board of directors agreed to voluntarily delist from the exchange last year after failing to\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":627247,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/26\/earnings-watch-eastern-company-orange-egypt-vodafone-report-results\/","url_meta":{"origin":651918,"position":3},"title":"EARNINGS WATCH: Eastern Company, Orange Egypt, Vodafone report results","author":"enterpriseam admin","date":"26 July 2018","format":false,"excerpt":"EARNINGS WATCH- Eastern Company reports record 42.5% jump in FY2017-18 net profit to EGP 4.2 bn: The state-owned Eastern Tobacco Company reported a record 42.5% y-o-y jump in net profit after tax to EGP 4.2 bn in FY2017-18, up from EGP 2.9 bn a year before, the company said in\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":632916,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/22\/earnings-watch-orange-egypt-records-net-losses-for-two-consecutive-years\/","url_meta":{"origin":651918,"position":4},"title":"Earnings watch: Orange Egypt records net losses for two consecutive years","author":"enterpriseam admin","date":"22 February 2018","format":false,"excerpt":"EARNINGS WATCH- Orange Egypt reported a consolidated net loss of EGP 1.65 bn in FY2017, down 35.5% y-o-y from EGP 2.55 bn the previous year, the company said in an EGX filing (pdf). Consolidated revenues for the year rose 7.5% y-o-y to EGP 12.68 bn, up from EGP 11.79 bn.\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":630029,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/orange-egypt-receives-egp-7-bn-syndicated-loan-from-eight-banks\/","url_meta":{"origin":651918,"position":5},"title":"Orange Egypt receives EGP 7 bn syndicated loan from eight banks","author":"enterpriseam admin","date":"10 April 2018","format":false,"excerpt":"Orange Egypt has signed for an EGP 7 bn syndicated loan with eight banks to refinance its existing EGP 4.3 bn debt (incurred mostly in the acquisition of a 4G license) and finance its expansion plans in Egypt, according to a company statement. 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