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Financial Results

The company’s fiscal year begins on 1 September and ends on 31 August.
14 January 01:25 PM CIRA's profit rises 12% in three months
Cairo – Mubasher: Cairo for Investment and Real Estate Development (CIRA) reported net profits of EGP 118.6 million during the three-month period ended 30 November 2020, up by 12.03% year-on-year (YoY) from EGP 105.86 million. The company’s …
Sales reached EGP 815 million during the October-December period
14 January 12:59 PM Domty sees 26% higher sales in Q4-20
Cairo – Mubasher: Arabian Food Industries Co (Domty) said that its sales surged by 26% year-on-year (YoY) to EGP 815 million during the fourth quarter (Q4) of 2020, compared to EGP 647 million, the unaudited results showed. The jump in sales was …
Net interest income increased to EGP 14.63 billion last year
13 January 11:00 AM QNB Al Ahli reports 12% lower profit in 2020
Cairo – Mubasher: Qatar National Bank Al Ahli (QNB Al Ahli) logged EGP 7.49 billion in consolidated net profits during 2020, down by 12.09% year-on-year (YoY) from EGP 8.52 billion, including minority shareholders’ rights. On the other hand, the …
The company generated EGP 292.14 million in revenue
12 January 11:33 AM Arab Drug’s pretax profit grows 20% in H1-20/21
Cairo – Mubasher: The unaudited financial results of Arab Drug Company showed a 20.47% year-on-year (YoY) rise in its net profits before taxes, logging EGP 72.62 million in the first half (H1) of fiscal year 2020/2021, compared to EGP 60.28 …
The company has generated revenues of SAR 2.231bn
11 January 11:04 AM Advanced Petrochemical's net profits drop 21.5% in 2020
Riyadh – Mubasher: The net profits after Zakat and tax of Advanced Petrochemical Company declined by 21.51% to SAR 596 million in 2020, compared to SAR 759.31 million in 2019. Lower net profits are driven by a decrease in polypropylene sales …
The company’s revenues fell to $75.92 million in the January-September period
10 January 11:12 AM Golden Pyramids Plaza’s profit slides 88% in 9M
Cairo – Mubasher: The consolidated financial statements of Golden Pyramids Plaza showed an 88.3% year-on-year (YoY) plunge in its net profits, logging $2.03 million in the first nine months of 2020, compared to $17.44 million. The company’s …
The higher net profits are driven by a 16.121% rise in revenues
10 January 10:58 AM eXtra sees 36% higher net profits in 2020
Riyadh – Mubasher: The estimated financial results of United Electronics Company (eXtra) recorded a 36.33% increase in net profits after Zakat and tax to SAR 280.3 million in 2020, compared to SAR 205.6 million in 2019. The higher net profits are …
The company’s profits totalled SAR 3.788 million in Q1 of FY20/21.
7 January 04:35 PM NCLE Q1 earnings down 67.5%
Riyadh – Mubasher: The net profits of the National Company for Learning and Education (NCLE) plunged by 67.5% on a yearly basis during the first quarter ended on 30 November 2020 on lower revenues. The company’s profits totalled SAR 3.788 million …
Retail oriented banks are likely to continue seeing healthy mortgage volumes in Q4-20.
6 January 11:05 AM Al Rajhi Capital predicts positive Q4 earnings outlook for Saudi equities
Riyadh – Mubasher: Al Rajhi Capital expected the overall outlook for Saudi Arabian equities for the fourth quarter (Q4) of 2020 to be positive on improved economic activity.  The travel restrictions imposed due to the Covid-19 pandemic have led to …
Egypt Gas will contribute EGP 12.24 million to the capital increase
30 December 2020 00:28 PM Egypt Gas approves Petromaint's capital raise
Cairo – Mubasher: The board of directors of Egypt Gas approved a decision to increase the authorised capital of its 15.08%-owned subsidiary Alexandria Petroleum Maintenance Co (Petromaint) to EGP 300 million from EGP 136 million.   The issued and …
The company also announced the appointment of a new board of directors
29 December 2020 11:49 AM Misr Chemical Industries sees profit jumping 606% in 5M
Cairo – Mubasher: Misr Chemical Industries reported a 606.5% year-on-year (YoY) leap in its net profit, registering EGP 72.16 million during the first five months of fiscal year 2020/2021, compared to EGP 10.21 million. The company also announced …
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28 December 2020 09:56 AM Naseej International announces 0% accumulated losses
Riyadh – Mubasher: Naseej International Trading Company on Monday announced that its accumulated losses have dropped to 0% of the capital, according to a bourse filing. Earlier this month, the Tadawul-listed firm cut its capital by 65.4% to …
Maridive incurred net losses of $92.67 million in nine months
23 December 2020 01:27 PM Maridive reveals reasons behind loss increase in 9M
Cairo – Mubasher: Maridive and Oil Services revealed the reasons behind the increase of its consolidated net losses by more than $70 million year-on-year (YoY) during the first nine months of 2020.   The halt of its project in India due to the …
The company’s revenues rose to $145.95 million
22 December 2020 01:41 PM Maridive’s loss swells 317% in 9M
Cairo – Mubasher: The consolidated net losses of Maridive and Oil Services widened by 316.95% year-on-year (YoY) to $92.67 million in the first nine months of 2020, compared to $22.225 million in the year-ago period. The company’s revenues rose to …
The company generated EGP 207.182 million in net sales
22 December 2020 00:46 PM Pachin's profit jumps 454% in Q1-20/21 unaudited financials
Cairo – Mubasher: Paint and Chemicals Industries (Pachin) reported a 454.8% year-on-year (YoY) leap in its consolidated net profits, registering EGP 20.06 million in the first quarter (Q1) of fiscal year 2020/2021, compared to EGP 3.616 million, …
Revenues plunged to $85.88 million in the February-to-October period
22 December 2020 11:34 AM Arafa's profit plunges 86% in 9M
Cairo – Mubasher: Arafa for Investment and Consultancies reported an 86.29% year-on-year (YoY) drop in its consolidated net profits, logging $1.49 million in the nine-month period ended 31 October, compared to $10.85 million. The company’s …
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 …
The lender’s net interest income increased to EGP 18.84 billion
16 December 2020 11:03 AM CIB's 9M profit drops 14%
Cairo – Mubasher: The consolidated net profits of the Commercial International Bank - Egypt (CIB) declined by 14% year-on-year (YoY) to EGP 7.34 billion in the first nine months of 2020, compared to EGP 8.53 billion, including minority …
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 …
Qalaa Holdings generated EGP 26.53 billion in revenue in nine months
13 December 2020 00:03 PM Qalaa Holdings sees losses widen 595% in 9M
Cairo – Mubasher: The consolidated net losses of Qalaa Holdings widened by 595% year-on-year (YoY) to EGP 6.26 billion in the first nine months of 2020 from EGP 901.23 million, including minority shareholders’ rights. Losses attributed to the …
Sales surged to EGP 637.294 million in the July-September period
13 December 2020 11:30 AM Kima turns to loss in Q1-20/21 unaudited results
Cairo – Mubasher: The unaudited financial results of the Egyptian Chemical Industries (Kima) showed net losses of EGP 414.84 million in the first quarter (Q1) of fiscal year 2020/2021, versus net profits of EGP 80.1 million in the year-ago period. …
Revenue for the quarter ended in September 2020 shrank by 99.21% annually.
10 December 2020 04:41 PM Jabal Omar Development posts 79% higher quarterly loss
Riyadh – Mubasher: Jabal Omar Development Company’s net losses surged by 78.9% on a yearly basis in the third quarter (Q3) of 2020 to reach SAR 237.74 million. The rise in quarterly losses was due to a decrease in revenue, coupled with an increase …
Revenue for the three-month period ended in October reached SAR 61.2 million.
9 December 2020 09:12 AM Ataa Educational’s profits down 70% in 3M
Riyadh – Mubasher: Ataa Educational Company gained SAR 4.9 million in net profits during the first quarter (Q1) of fiscal year (FY) 2020/2021, a drop of 69.7% when compared to SAR 16.3 million in the prior-year quarter. The decline in net earnings …
The company’s revenues grew to EGP 385.32 million
8 December 2020 11:47 AM Alexandria Pharmaceuticals sees profit edge up in 4M
Cairo – Mubasher: The net profits of Alexandria Co. for Pharmaceuticals and Chemical Industries inched up by 2.8% year-on-year (YoY) to EGP 54.28 million in the first four months of fiscal year 2020/2021, compared to EGP 52.77 million. The …
Net sales declined to EGP 26.45 billion in the January-September period
8 December 2020 10:55 AM Ezz Steel suffers EGP 4.11bn loss in 9M
Cairo – Mubasher: The consolidated financial statements of Ezz Steel showed net losses of EGP 4.11 billion in the first nine months of 2020, down by 4.8% from EGP 4.321 billion in the year-ago period, including minority shareholders’ rights. The …