{"id":652258,"date":"2017-01-04T04:06:39","date_gmt":"2017-01-04T04:06:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/"},"modified":"2017-01-04T04:06:39","modified_gmt":"2017-01-04T04:06:39","slug":"obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/","title":{"rendered":"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures"},"content":{"rendered":"<p>Cheesemaker Obour Land reported overnight a 25% rise in unaudited FY2016 revenues to EGP 1.45 bn, according to an <a href=\"https:\/\/ent.news\/2017\/1\/99.pdf\">emailed statement (pdf)<\/a>. The company did not provide a net income figure, but said gross profit had risen 92% year-on-year to EGP 342 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cheesemaker Obour Land reported overnight a 25% rise in unaudited FY2016 revenues to EGP 1.45 bn, according to an emailed statement (pdf). The company did not provide a net income figure, but said gross profit had risen 92% year-on-year to EGP 342 mn.<\/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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652258","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"39fa56cb-4665-44b6-80ca-e0fd68eeb422","order":"0","is_powered_by":true,"section_story_id":"c1980186-f4ad-4ba7-a808-c102639a10c3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652233],"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>Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures - 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\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures\" \/>\n<meta property=\"og:description\" content=\"Cheesemaker Obour Land reported overnight a 25% rise in unaudited FY2016 revenues to EGP 1.45 bn, according to an emailed statement (pdf). The company did not provide a net income figure, but said gross profit had risen 92% year-on-year to EGP 342 mn.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-04T04:06:39+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\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures\",\"datePublished\":\"2017-01-04T04:06:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/\"},\"wordCount\":50,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/\",\"name\":\"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-01-04T04:06:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures\"}]},{\"@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":"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures - 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\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/","og_locale":"en_US","og_type":"article","og_title":"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures","og_description":"Cheesemaker Obour Land reported overnight a 25% rise in unaudited FY2016 revenues to EGP 1.45 bn, according to an emailed statement (pdf). The company did not provide a net income figure, but said gross profit had risen 92% year-on-year to EGP 342 mn.","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-01-04T04:06:39+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures","datePublished":"2017-01-04T04:06:39+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/"},"wordCount":50,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Basic Materials + Commodities","EnterpriseAM"],"articleSection":["Basic Materials + Commodities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/","name":"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-01-04T04:06:39+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/obour-land-reports-25-rise-in-fy2016-revenues-according-to-unaudited-figures\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Obour Land reports 25% rise in FY2016 revenues, according to unaudited figures"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":653019,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/obour-land-targeting-25-30-revenue-growth-rate-in-2017\/","url_meta":{"origin":652258,"position":0},"title":"Obour Land targeting 25-30% revenue growth rate in 2017","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"Cheese maker Obour Land is targeting an annual growth rate of 25-30% in FY2017, the company said in a statement. Obour Land is looking to grow its carton-packed white cheese market share to 42% by the end of FY2017, and 45% by end of FY2018. The company says it gradually\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637752,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/23\/obour-land-to-set-up-subsidiary-for-dairy-production\/","url_meta":{"origin":652258,"position":1},"title":"Obour Land to set up subsidiary for dairy production","author":"enterpriseam admin","date":"23 November 2017","format":false,"excerpt":"Obour Land\u2019s board of directors approved establishing Obour Farm, a subsidiary that will focus on producing dairy products, according to a bourse statement. The company will be 98% owned by Obour Land and will have EGP 50 mn in issued capital and EGP 500 in authorized capital.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638635,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/10\/obour-land-to-set-up-milk-production-project-worth-egp-105-115-mn\/","url_meta":{"origin":652258,"position":2},"title":"Obour Land to set up milk production project worth EGP 105-115 mn","author":"enterpriseam admin","date":"10 October 2017","format":false,"excerpt":"Obour Land announced its intention to establish a milk production project at an investment cost of EGP 105-115 mn, according to a bourse disclosure. The cost will be financed over three years and will be developed over 35 feddans. Obour Land aims to produce 50 tonnes of milk a day\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639115,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/obour-land-general-assembly-approved-launching-dairy-operations\/","url_meta":{"origin":652258,"position":3},"title":"Obour Land general assembly approved launching dairy operations","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"Cheesemaker Obour Land\u2019s general assembly signed off on the company directly entering the dairy industry, according to a bourse filing picked up by Al Mal. The assembly also approved entering into partnerships with other companies in the sector. The decision was prompted by difficulties in securing milk for its manufacturing\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637803,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/obour-land-to-use-profits-to-set-up-new-dairy-subsidiary\/","url_meta":{"origin":652258,"position":4},"title":"Obour Land to use profits to set up new dairy subsidiary","author":"enterpriseam admin","date":"26 November 2017","format":false,"excerpt":"Obour Land will use its profits over the next four years to finance the establishment of its dairy products subsidiary Obour Farm, the company said in a bourse filing (pdf). The new subsidiary will have EGP 50 mn in issued capital.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621921,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/ebrd-signs-usd-7-mn-loan-agreement-with-obour-land-to-finance-expansions\/","url_meta":{"origin":652258,"position":5},"title":"EBRD signs USD 7 mn loan agreement with Obour Land to finance expansions","author":"enterpriseam admin","date":"21 November 2018","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) has signed a USD 7 mn loan agreement with Egyptian cheesemaker Obour Land, according to an EBRD statement. Obour Land will us the loan to finance its expansion plans, including establishing a \u201cgreenfield dairy farm, with imported milking equipment and 2,500 dairy\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=652258"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652258\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/652233"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=652258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652258"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652258"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}