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Arab Cotton Ginning (ACGC)

Last update: 18 July 02:29 PM market time.
1.73
-0.01
-0.40%
Open 1.74
Previous Close 1.74
High 1.75
Low 1.73
Stock Statistics
Volume 3,469,025
Turnover 6,011,713.00
All data are 15 minutes late during market session

News

The revenues retreated to EGP 925.32 million in the period ended 31 March
11 July 04:00 PM Arab Cotton Ginning's consolidated loss narrows 65% in nine months
Cairo - Mubasher: Arab Cotton Ginning recorded a 65% year-on-year (YoY) decline in its consolidated net losses to EGP 22.71 million in the first nine months of the fiscal year (FY) 2020/2021, compared to EGP 65.38 million, the unaudited financial …
The revenues retreated to EGP 30.91 million in the July-March period
28 April 03:02 PM Arab Cotton Ginning's standalone profit jumps 107% in nine months
Cairo – Mubasher: Arab Cotton Ginning achieved net profits of EGP 27.76 million in the first nine months of fiscal year (FY) 2020/2021, up by 107% year-on-year (YoY) from EGP 13.4 million in the corresponding period a year earlier, the unaudited …
The company achieved revenues of EGP 563.74 million in the July-December period
17 March 01:06 PM Arab Cotton Ginning turns profitable in H1 initial consolidated results
Cairo – Mubasher: Arab Cotton Ginning turned to net profits of EGP 692,000 in the first half (H1) of fiscal year 2020/2021, versus net losses of EGP 28.12 million in the year-ago period, the unaudited consolidated financial results showed. The …
Revenues slid to EGP 245.17 million in the July-September period
17 December 2020 05:53 PM Arab Cotton Ginning reports 53% lower loss in Q1-20/21
Cairo – Mubasher: The consolidated net losses of Arab Cotton Ginning shrank by 53.4% year-on-year (YoY) to EGP 14.3 million in the first quarter (Q1) of fiscal year 2020/2021, compared to EGP 30.09 million. Revenues slid to EGP 245.17 million in …
Revenues retreated to EGP 245.17 million in the July-September period
15 December 2020 11:38 AM Arab Cotton Ginning's loss shrinks 81% in Q1 initial consolidated results
Cairo – Mubasher: The unaudited consolidated financial results of Arab Cotton Ginning showed an 81% year-on-year (YoY) decline in its net losses, registering EGP 4.71 million in the first quarter (Q1) of fiscal year 2020/2021, compared to EGP …
Revenues increased to about EGP 427,000
17 November 2020 00:52 PM Arab Cotton Ginning's loss down 53% in Q1 initial standalone results
Cairo – Mubasher: The unaudited standalone financial results of Arab Cotton Ginning showed net losses of EGP 3.33 million in the first quarter (Q1) of fiscal year 2020/2021, down by 53% year-on-year (YoY) from EGP 7.01 million. Revenues increased …
Sales retreated to EGP 1.08 billion in the year ended 30 June
20 October 2020 11:36 AM Arab Cotton Ginning turns to loss in FY19/20 initial consolidated results
Cairo – Mubasher: Arab Cotton Ginning turned to net losses of EGP 188.39 million during fiscal year 2019/2020, against net profits of EGP 1.66 million a year earlier, the unaudited consolidated financial results showed.   The company’s sales …
Mohsen Hassan has been appointed as a Managing Director
4 October 2020 11:27 AM Arab Cotton Ginning not to distribute dividends for FY19/20
Cairo – Mubasher: The ordinary general meeting (OGM) of Arab Cotton Ginning decided not to distribute dividends for fiscal year 2019/2020. The shareholders also approved the appointment of Mohsen Hassan as a Board Member and Managing Director, …
Arab Cotton Ginning will be added as a new shareholder in the company
24 September 2020 00:30 PM Arab Cotton Ginning to contribute to Modern Nile Cotton’s capital raise
Cairo – Mubasher: The board of Arab Cotton Ginning approved an increase of EGP 100 million in the capital of Modern Nile Cotton Co, a wholly-owned subsidiary of Amwal Al Arabia for Cotton Company. Arab Cotton Ginning will contribute EGP 70 million …
The company sold 2.87 million shares for a value of EGP 32.31 million
20 September 2020 05:47 PM Arab Cotton Ginning cuts stake in B Investments
Cairo – Mubasher: Arab Cotton Ginning reduced its stake in B Investments Holdings to 5.12% from 6.92%. The company sold 2.87 million shares for a value of EGP 32.31 million, averaging EGP 11.25 per share, according to a statement to the Egyptian …
The profit drop was attributed to lower sales, gross profits, and investment income
31 August 2020 03:52 PM Arab Cotton Ginning’s standalone profit more than halves in FY19/20
Cairo – Mubasher; The standalone net profits of Arab Cotton Ginning plunged by 55% year-on-year (YoY) to EGP 15.16 million during fiscal year 2019/2020, compared to EGP 33.73 million. Sales fell to EGP 38.08 million in the year ended 30 June from …
Mohsen Mohamed Abdul Rahman Hassan has been appointed as the managing director
12 August 2020 01:52 PM El-Kaliouby named chairman of Arab Cotton Ginning
Cairo – Mubasher: The ordinary general meeting (OGM) of Arab Cotton Ginning approved the appointment of eight board members for a new term. Mohamed Ali Hussein Ali El-Kaliouby has been named the company’s chairman, according to a bourse disclosure …
The board also approved the resignation of SEII's representative
5 August 2020 01:03 PM Arab Cotton Ginning approves unit's capital raise
Cairo – Mubasher: The board of directors of Arab Cotton Ginning decided to increase the capital of its 99.89%-owned subsidiary Amwal Al Arabia for Cotton Company. The company is currently studying the size and method of the capital increase, …
The company’s revenues retreated to EGP 1.008 billion
5 August 2020 00:12 PM Arab Cotton Ginning turns to loss in 9M
Cairo – Mubasher: The unaudited consolidated financial results of Arab Cotton Ginning reported net losses of EGP 65.38 million in the first nine months of fiscal year 2019/2020, against net profits of EGP 18.68 million in the year-ago period. The …
The company’s net profits fell to EGP 13.41 million
21 May 2020 01:39 PM Arab Cotton Ginning’s standalone profit down 56% in 9M
Cairo – Mubasher: The standalone financial statements of Arab Cotton Ginning reported a 55.9% year-on-year profit drop during the first nine months of fiscal year 2019/2002. The company’s net profits fell to EGP 13.41 million in the nine-month …
Revenues shrank to EGP 635.03 million
2 March 2020 05:38 PM Arab Cotton Ginning’s consolidated loss balloons 29-fold in H1-19/20 initial results
Cairo – Mubasher: The unaudited consolidated financial results of Arab Cotton Ginning showed a 2,897% rise in its net losses during the first half of fiscal year 2019/2020. The company’s net losses swelled to EGP 28.12 million during the six-month …
The company’s revenues shrank to EGP 14.63 million
11 February 2020 01:52 PM Arab Cotton Ginning’s profit down 74% in H1-19/20 unaudited standalone financials
Cairo – Mubasher: The unaudited standalone financial results of Arab Cotton Ginning revealed a 73.5% year-on-year profit drop during the first half of fiscal year 2019/2020. Net profits plunged to EGP 4.06 million during the six-month period ended …
Cost of sales rose to EGP 308 million
26 November 2019 00:18 PM Arab Cotton Ginning’s Q1-19/20 unaudited financials turn negative
Cairo – Mubasher: The unaudited financial results of Arab Cotton Ginning showed a turn to losses during the first quarter of fiscal year 2019/2020. The Egyptian firm suffered net losses of EGP 30.18 million during the three-month period ended 30 …
Sales tumbled to EGP 1.66 billion
13 October 2019 11:56 AM Arab Cotton Ginning’s consolidated profit dips 99% in FY18/19
Cairo – Mubasher: The consolidated financial statements of Arab Cotton Ginning showed a 99% profit drop during fiscal year 2018/2019. Net profits plunged to EGP 1.66 million in the twelve-month period ended 30 June, compared to EGP 166.1 million …
The company’s net profits plunged to EGP 33.73 million in FY18/19
1 October 2019 04:16 PM Arab Cotton Ginning to distribute EGP 0.10/shr dividend for FY18/19
Cairo – Mubasher: The ordinary general meeting (OGM) of Arab Cotton Ginning approved to distribute cash dividends of EGP 0.10 per share for fiscal year 2018/2019. Meanwhile, the OGM approved the firm’s financial statements and the board of …
The transaction involves 775,000 shares
17 September 2019 05:10 PM Saudi Egyptian Industrial Investment ups stake in Arab Cotton Ginning
Cairo – Mubasher: Saudi Egyptian Industrial Investment Co. has increased its stake in Arab Cotton Ginning to 5.09% from 4.80%. The transaction involves 775,000 shares at a total value of EGP 1.55 million with a selling price of EGP 2 apiece, Arab …
The company’s standalone profit fell to EGP 33.73 million
12 September 2019 04:37 PM Arab Cotton Ginning's board proposes EGP 0.10/shr dividends for FY18/19
Cairo – Mubasher: Arab Cotton Ginning’s board of directors recommended a cash dividend distribution of EGP 0.10 per share for fiscal year 2018/2019. The proposed dividends are still pending approval of the extraordinary general meeting (EGM) …
Sales surged to EGP 61.6 million
4 September 2019 01:03 PM Arab Cotton Ginning's standalone profit slides 62% in FY18/19
Cairo – Mubasher: Arab Cotton Ginning posted a 62.2% year-on-year standalone profit decline during fiscal year 2018/2019. Net profits dipped to EGP 33.73 million from July 2018 to last June, compared to EGP 89.49 million in the year-ago period, …
Revenues surged to EGP 61.66 million
28 August 2019 01:40 PM Arab Cotton Ginning’s unaudited standalone financials post 63% profit drop
Cairo – Mubahser: Arab Cotton Ginning’s unaudited standalone results showed a 62.9% year-on-year profit drop for fiscal year 2018/2019. Net profits amounted to EGP 33.23 million in the twelve-month period ended 30 June, compared to EGP 89.49 …
Net profits stood at EGP 18.68 million
30 May 2019 01:56 PM Arab Cotton’s profit drops 77% in 9M
Cairo – Mubasher: Arab Cotton Ginning reported a 77.4% year-on-year decline in its consolidated profits during the first nine months of fiscal year 2018/2019. The Egyptian firm’s net profits stood at EGP 18.68 million from July 2018 to last March, …