Financial Results

Net sales amounted to EGP 282.63 million in Q1-21

17 June 02:12 PM Sinai Cement’s Q1 losses widen 40%

Cairo – Mubasher: Sinai Cement incurred consolidated net losses after tax worth EGP 147.97 million in the first quarter (Q1) of 2021, higher 40% than EGP 105.8 million in Q1-20. Loss per share stood at EGP 2.17 in Q1-21, compared to EGP 1.55 in …

Financial Results

AMOC targets revenues of EGP 10 billion

17 June 01:25 PM AMOC eyes EGP 227m investments next year

Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) intends to invest EGP 227 million as proposed in the budget plan for fiscal year (FY) 2021/2022. The board of AMOC approved the budget plan that indicates a net profit after tax worth EGP …

Financial Results

The company has achieved EGP 1.187 billion net profits

17 June 11:48 AM Ezz Steel's exports hit $269m in Q1-21

Cairo – Mubasher: The total exports of Ezz Steel jumped by 47% year-on-year (YoY) to $269 million during the first quarter (Q1) of 2021, compared to $183 million. These exports comprise $208 million in flat steel and $61 million in coiled rebar, …

Financial Results

The company's sales rose to EGP 323.93 million in Q1-21

16 June 02:32 PM GEMMA reports higher net profits in Q1-21

Cairo – Mubasher: The net profits of Al Ezz for Ceramics and Porcelain (GEMMA) jumped to EGP 38.628 million during the first quarter (Q1) of 2021, compared to EGP 5.55 million in the year-ago period. The company's sales rose to EGP 323.93 million …

Financial Results

Net sales amounted to EGP 1.99 billion in Q1-21

16 June 02:27 PM Mopco records 48.5% higher profits in Q1 consolidated financials

Cairo – Mubasher: Misr Fertilizers Production Company (Mopco) achieved consolidated net profits after tax, including minority interest, worth EGP 792.66 million in the first quarter (Q1) of 2021, an increase of 48.5% from EGP 533.61 million in …

Financial Results

Earnings per share (EPS) stood at EGP 52.44 in Q1-21

16 June 12:09 PM Al Ezz Dekheila Steel turns profitable at over EGP 1bn in Q1

Cairo – Mubasher: Al Ezz Dekheila Steel - Alexandria achieved consolidated net profits after tax, including minority interest, worth EGP 1.02 billion during the first quarter (Q1) of 2021, against net losses of EGP 1.07 billion in Q1-20. Earnings …

Financial Results

Loss per share stood at EGP 0.074 in Q1-21

15 June 04:38 PM South Valley Cement’s Q1 losses shrink 14%

Riyadh – Mubasher: South Valley Cement Company posted net losses worth EGP 35.69 million during the first quarter (Q1) of 2021, lower by 13.77% than EGP 41.39 million in Q1-20. Loss per share stood at EGP 0.074 in Q1-21, compared to EGP 0.086 in …

Financial Results

Sales increased to EGP 772.69 million in Q1-21

15 June 03:45 PM Minapharm achieves net profits worth EGP 122m in Q1

Cairo – Mubasher: Minapharm Pharmaceuticals posted consolidated net profits after tax, including minority rights, worth EGP 121.9 million during the January-March 2021 period, compared to EGP 79.24 million in the prior-year period. Sales increased …

Financial Results

HD Bank achieved a 7.8% annual growth in interest revenues

15 June 03:07 PM HD Bank logs EGP 651m in Q1 consolidated profits

Cairo – Mubasher: Housing and Development Bank (HD Bank) recorded a consolidated net profit after tax worth EGP 651.06 million during the first quarter (Q1) of 2021, higher by 7.6% than EGP 604.58 million in Q1-20. HD Bank achieved a 7.8% annual …

Banking and Finance

Palm Hills New Cairo

15 June 01:59 PM Palm Hills’s Q1 net profits jump 152%

Cairo – Mubasher: Palm Hills Developments recorded a leap of 152% in consolidated net profits after tax and minority interest to EGP 204.62 million during the first quarter (Q1) of 2021 from EGP 81.26 million in Q1-20. Earnings per share amounted …

Financial Results

Sales decreased to EGP 647.08 million in Q1-21

15 June 01:29 PM Domty turns to loss exceeding EGP 3m in Q1

Cairo – Mubasher: Arabian Food Industries Company (Domty) incurred consolidated net losses after tax, including minority interest, worth EGP 3.43 million during the January-March 2021 period, against a net profit of EGP 32.09 million in the same …

Financial Results

Revenues totalled EGP 336.17 million in Q1-21

15 June 12:50 PM Arabia Investments records EGP 15m net profits in Q1

Cairo – Mubasher: Arabia Investments Holding achieved consolidated net profits after tax, including minority interest, worth EGP 15 million during the first quarter (Q1) of 2021, higher by 62.6% than EGP 9.22 million in Q1-20. Earnings per share …

Financial Results

Quarterly profits reached EGP 72.44 million

14 June 05:55 PM Arab Moltaqa posts 226% higher profits in Q1

Cairo – Mubasher: Arab Moltaqa Investments reported a 226% surge in profits during the first quarter (Q1) of the year, as shown by the consolidated financial results. Quarterly profits reached EGP 72.44 million, compared with EGP 22.21 million in …

Financial Results

Photo Archive

14 June 05:48 PM NCH extends losses by 1,093% in Q1

Cairo – Mubasher: National Company for Housing for Professional Syndicates (NCH) on Monday reported an increase in losses by 1,093% during the first quarter (Q1) of 2021. The company’s net losses reached EGP 46.9 million Q1-21, compared with EGP …

Financial Results

Photo Archive

14 June 05:35 PM Ataqa posts 361% higher profits in Q1

Cairo – Mubasher: Misr National Steel (Ataqa) reported a surge in its profits during the first quarter (Q1) of 2021 by 361% on an annual basis. The company’s profit reached EGP 63.34 million in the first three months of the year, compared with EGP …

Financial Results

Revenues grew to EGP 387.99 million in Q1-21

14 June 04:14 PM El Kahera Housing’s Q1 profits plunge 86%

Cairo – Mubasher: El Kahera Housing reported a net profit after tax, including minority interest, of EGP 8.26 million during the first three months of 2021, lower by 86% than EGP 60.31 million in the same period last year. Revenues meanwhile grew …

Financial Results

Revenues decreased to EGP 1.84 million in Q1-21

14 June 03:55 PM Rowad Misr incurs 14% higher losses in Q1

Cairo – Mubasher: Rowad Misr Tourism Investment posted an increase of 14% in consolidated net losses after tax, including minority interest, to EGP 17.77 million in the first quarter (Q1) of 2021 from EGP 15.53 million in Q1-20. Revenues decreased …

Financial Results

Net sales increased to EGP 504.19 million

14 June 03:34 PM Arab Drug records 8.5% rise in 11-month profits

Cairo – Mubasher: Arab Drug Company achieved an 8.5% growth in net profits before tax to EGP 122.2 million during the first 11 months of fiscal year (FY) 2020/2021 from EGP 112.68 million in the same period a year earlier, according to the …

Financial Results

Earnings per share stood at EGP 0.038 in Q1-21

14 June 02:10 PM Arab Dairy’s Q1 profits leap to EGP 8m

Cairo – Mubasher: The Arab Dairy Products Co. – Panda recorded a jump of 906% in consolidated profits after tax, including minority interest, to EGP 8.36 million during the first quarter (Q1) of 2021 from EGP 831,647 in Q1-20. Earnings per share …

Financial Results

Consolidated revenues amounted to EGP 2.04 billion in Q1-21

14 June 01:19 PM Pioneers Holding’s Q1 profits grow 10.5%

Cairo – Mubasher: Pioneers Holding Company recorded a 10.5% increase in the consolidated profit after tax to EGP 299.66 million during the first quarter (Q1) of 2021, compared to EGP 271.27 million in Q1-20, including minority interest. Earnings …

Financial Results

Photo Archive

13 June 07:36 PM Elsaeed Contracting records 69% rise in Q1 profits

Cairo – Mubasher: Elsaeed Contracting and Real Estate Investment Company reported a surge in profits during the first quarter (Q1) of the year by 69.3%. The company’s profits registered EGP 34.17 million in the three-month period, compared with …

Financial Results

Revenues surged to EGP 432.66 million in Q1-21

13 June 05:31 PM Electro Cable achieves EGP 9m in Q1 net profits

Cairo – Mubasher: Electro Cable Egypt recorded a consolidated net profit of EGP 9 million during the first three months of 2021, about 71% higher than EGP 5.26 million in the same period last year. Revenues surged to EGP 432.66 million in the …

Financial Results

Revenues grew to EGP 122.11 million in Q1-21

13 June 05:20 PM Unipack records EGP 5m profits in Q1-21

Cairo – Mubasher: Universal for Paper and Packaging Materials (Unipack) achieved net profits worth EGP 5.39 million in the first quarter (Q1) of 2021, marginally higher than EGP 5.32 million in Q1-20. Revenues grew to EGP 122.11 million in the …

Financial Results

Revenues totalled EGP 288.26 million in Q1-21

13 June 05:03 PM Giza General Contracting records 127% rise in Q1 profits

Cairo – Mubasher: Giza General Contracting and Real Estate Investment Company achieved a net profit worth EGP 22.29 million during the first quarter (Q1) of 2021, higher by 127% than EGP 9.86 million in the same period last year. Earnings per …

Financial Results

Photo Archive

13 June 04:48 PM United Housing records 38% higher profits in Q1-21

Cairo – Mubasher: The consolidated financial results of the United Company for Housing and Development showed an increase in profits by 38.4% during the first quarter (Q1) of the year. The company’s profits reached EGP 29.8 million in the three …

Financial Results