{"id":660546,"date":"2025-02-13T00:00:00","date_gmt":"2025-02-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/"},"modified":"2025-02-13T00:00:00","modified_gmt":"2025-02-13T00:00:00","slug":"qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/","title":{"rendered":"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn"},"content":{"rendered":"

Qalaa Ho<\/strong>ldings\u2019 revenues rose 75% y-o-y in 3Q 2024 to EGP 37.6 bn<\/strong>, driven by the strong performance of subsidiary Egyptian Refining Company (ERC), according to a statement (pdf)<\/a>. The company\u2019s bottom line, meanwhile, fell 94% y-o-y to EGP 114.5 mn during the quarter, with the release citing the firm\u2019s sale of APM in 3Q 2023 as the driving factor for the dip.<\/p>\n

Nearly all of the company\u2019s subsidiaries saw their income increase for the quarter<\/strong>, with ASEC Holding being the only subsidiary to post a loss. ASEC saw its net loss contract to EGP 191.3 mn in 3Q 2024, down from EGP 556.5 mn in the same period the year before.<\/p>\n

The other subsidiaries:<\/strong> ERC reported a net income of EGP 173.3 mn for 3Q 2024, a stark reversal from its EGP 362.5 mn loss recorded in the same period in 2023. Dina Farms\u2019 net income rose 115% y-o-y to EGP 24.1 mn on the back of improved performance across all divisions. TAQA Arabia, meanwhile, reported 8% y-o-y growth in its net income, reaching EGP 213.5 mn, thanks to a strong performance by its gas subsidiary.<\/p>\n

What they said:<\/strong> \u201cQalaa\u2019s resilient performance during the quarter comes as the domestic economy continues to face a challenging period,\u201d chairman and founder Ahmed Heikal said in the press release, adding that \u201cdifficulties faced at home are being further exacerbated by the current state of global macroeconomic uncertainty, as well as the armed conflicts taking place around us.\u201d Still, Heikal noted, \u201cQalaa remains well-positioned to overcome these challenges, thanks to our resilience, flexibility, and efficiency, which are ingrained into the core of our DNA.\u201d<\/p>\n

The company\u2019s plans to pay off ERC\u2019s outstanding debt <\/strong>by the end of 2025<\/a><\/strong> are going <\/strong>forward as planned<\/strong>, noted Qalaa Holdings co-founder and managing director Hisham El Khazindar. He added that \u201cERC remains on track to fully settle its senior debt by 4Q 2025, after which the company may start distributing dividends. We remain committed to reducing Qalaa\u2019s risk levels and maintaining a healthy financial position going forward.\u201d<\/p>\n

CORRECTION:<\/strong> The story was amended on 15 February, 2025 to delete the incorrect reference to ASEC Holding selling APM in 3Q 2023. The entity that sold APM was ASCOM.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company is progressing on its plan to pay off subsidiary ERC\u2019s outstanding debt by the end of 2025<\/p>\n","protected":false},"author":1,"featured_media":660547,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7208],"tags":[409,72,613,615],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-660546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-earnings-watch","tag-enterpriseam","tag-qalaa-holdings","tag-taqa-arabia","wpautop","entry"],"acf":{"mongo_id":"a8210fdd-d550-4160-bcd6-f7662dd448c1","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/2221.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn","related_issue":[660536],"teaser":"The company is progressing on its plan to pay off subsidiary ERC\u2019s outstanding debt by the end of 2025","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.cfc2cdc8-57ab-4937-8a6f-130d614b4054.mp3"},"yoast_head":"\nQalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn - 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\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn\" \/>\n<meta property=\"og:description\" content=\"The company is progressing on its plan to pay off subsidiary ERC\u2019s outstanding debt by the end of 2025\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-13T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn\",\"datePublished\":\"2025-02-13T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/\"},\"wordCount\":366,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\",\"keywords\":[\"earnings watch\",\"EnterpriseAM\",\"Qalaa Holdings\",\"TAQA Arabia\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/\",\"name\":\"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-13T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn\"}]},{\"@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":"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn - 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\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/","og_locale":"en_US","og_type":"article","og_title":"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn","og_description":"The company is progressing on its plan to pay off subsidiary ERC\u2019s outstanding debt by the end of 2025","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-02-13T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn","datePublished":"2025-02-13T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/"},"wordCount":366,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1","keywords":["earnings watch","EnterpriseAM","Qalaa Holdings","TAQA Arabia"],"articleSection":["EARNINGS WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/","name":"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1","datePublished":"2025-02-13T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/13\/qalaa-holdings-top-line-rises-75-y-o-y-in-3q-2024-to-egp-37-6-bn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Qalaa Holdings\u2019 top line rises 75% y-o-y in 3Q 2024 to EGP 37.6 bn"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/2221.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":578153,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/18\/qalaa-holdings-remains-profitable-during-3q-2022\/","url_meta":{"origin":660546,"position":0},"title":"Qalaa Holdings remains profitable during 3Q 2022","author":"enterpriseam admin","date":"18 December 2022","format":false,"excerpt":"Qalaa Holdings returned to the black in 3Q 2022, reporting a EGP 16.7 mn profit against a EGP 440.7 mn loss in the same quarter last year in its latest earnings release (pdf). Revenues jumped 86% y-o-y to EGP 23.7 bn during the quarter, driven by the Egyptian Refining Company\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/361.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":612498,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/24\/qalaa-holdings-bottomline-leaps-in-3q-2023\/","url_meta":{"origin":660546,"position":1},"title":"Qalaa Holdings\u2019 bottomline leaps in 3Q 2023","author":"enterpriseam admin","date":"24 December 2023","format":false,"excerpt":"An overhaul of the Egyptian Refining Company helped boost revenues","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1503.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":674656,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/02\/qalaa-holdings-and-abu-qir-fertilizers-post-their-earnings\/","url_meta":{"origin":660546,"position":2},"title":"Qalaa Holdings and Abu Qir Fertilizers post their earnings","author":"enterpriseam admin","date":"2 November 2025","format":false,"excerpt":"The latest round of quarterly earnings is starting to pick up the pace, with Qalaa Holdings and Abu Qir Fertilizers all posting their earnings over the last few days.(Tap or click the headline above to read this story with all of the links to our background as well as external\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/804.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":606537,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/18\/qalaa-holdings-reports-2q-loss-on-higher-borrowing-costs\/","url_meta":{"origin":660546,"position":3},"title":"Qalaa Holdings reports 2Q loss on higher borrowing costs","author":"enterpriseam admin","date":"18 September 2023","format":false,"excerpt":"Solid growth at Taqa Arabia helped offset a drop in revenues at the ERC","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1090.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":644051,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/19\/qalaa-holdings-sees-revenues-income-rise-in-1q-2024\/","url_meta":{"origin":660546,"position":4},"title":"Qalaa Holdings sees revenues, income rise in 1Q 2024","author":"enterpriseam admin","date":"19 September 2024","format":false,"excerpt":"Qalaa Holdings saw its net income after minority interest jump to EGP 7.2 bn","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1511.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":586626,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/15\/qalaa-revenues-more-than-double-in-2022-on-record-refining-margins-plus-cib-ode-report-1q23-earnings\/","url_meta":{"origin":660546,"position":5},"title":"Qalaa revenues more than double in 2022 on record refining margins. PLUS: CIB, ODE report 1Q23 earnings","author":"enterpriseam admin","date":"15 May 2023","format":false,"excerpt":"High oil prices fueled a 162% rise in revenues at the Egyptian Refining Company","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/778.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/660546","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=660546"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/660546\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/660536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/660547"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=660546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=660546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=660546"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=660546"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=660546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}