Stocks Egypt for Poultry reports profits drop Aya Anwar Nov 16, 2023 0 Egypt for Poultry (EPCO.CA) reported a drop in its profit to the Egyptian Exchange (EGX) on Thursday.
Industry & Trade Egypt’s Memphis Pharmaceutical posts 7.8 million pounds of Q1 loss Yomna Yasser Oct 26, 2017 0 Egypt’s state-run Memphis Pharmaceuticals and Chemical Industries (MPCI) said Thursday it has achieved…
Industry & Trade State-owned Nile Cotton Ginning Q1 loss hits 1.5 mln Egyptian pounds Yomna Yasser Oct 25, 2017 0 Egypt’s state-run Nile Cotton Ginning Company’s first-quarter net loss after tax reached 1.5 million Egyptian…
Industry & Trade Egypt’s General Co. for Paper Industry Q1 loss hits 15.4 mln pounds Yomna Yasser Oct 25, 2017 0 Egypt’s General Company for Paper Industry reported Wednesday first-quarter net loss worth 15.4 million Egyptian…
Tech news Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale Yomna Yasser Oct 23, 2017 0 Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1…
Industry & Trade Alexandria Spinning and Weaving Q1 losses hit 4.6 mln Egyptian pounds Yomna Yasser Oct 18, 2017 0 Egypt’s state-run Alexandria Spinning and Weaving Company (Spinalex) said Wednesday its net loss after tax reached…
Industry & Trade Garment marker Kabo’s nine-month net profit jumps to 25 mln Egyptian pounds nada nasser May 30, 2017 0 Egypt’s El Nasr Clothing and Textiles Company- Kabo reported Tuesday that net profit climbed to 25 million Egyptian…
Industry & Trade Egyptian Iron and Steel forecasts FY2017/18 losses to be 62% lower Yomna Yasser Mar 7, 2017 0 Egyptian Iron and Steel Company (HADISOLB), the country’s largest public companies, is targeting lower losses by 62…
Tech news Deutsche Telekom writes down stake in Britain’s BT by €2.2 billion Yomna Yasser Mar 2, 2017 0 Deutsche Telekom wrote down the value of its stake in Britain's BT by €2.2 billion ($2.3 billion), pushing it to a…
Tech news Orascom Telecom says Q1 net profit fell to 48.733 mln Egyptian pounds Yomna Yasser Aug 11, 2016 0 Egypt's Orascom Telecom Media and Technology Holding (OTMT) said Thursday its first quarter net profit had dropped…
Industry & Trade Egypt’s Ezz Steel Q1 net loss grows to $15.4 mln Yomna Yasser Jul 20, 2016 0 Egypt's largest steel producer Ezz Steel reported a first-quarter net loss, after tax and minority interests,…
Industry & Trade Qalaa records Q1 2016 net loss of $27.33 mln Yomna Yasser Jul 4, 2016 0 Qalaa Holdings, an African leader in energy and infrastructure, recorded first quarter net loss of 242.7 million…
Banks EFG-Hermes drops to Q1 net loss of 63.66 mln Egyptian pounds Yomna Yasser May 11, 2016 0 Egypt's EFG-Hermes dropped to a first-quarter net loss of 63.66 million Egyptian pounds ($7.17 million) from a…
Tech news Sawiris’ Orascom Telecom 2015 net loss of 3.6 bln Egyptian pounds Yomna Yasser Apr 28, 2016 0 Egypt's Orascom Telecom Media and Technology, which is owned by Egyptian businessman Naguib Sawiris, reported a net…
Industry & Trade Egyptian biggest steelmaker Ezz Steel Q3 net loss narrows 21.5% Yomna Yasser Dec 30, 2015 0 Egypt's largest steel producer Ezz Steel narrowed its net loss in the third quarter of this year by 21.5 percent…
Industry & Trade Suez Cement reports Q3 net loss Yomna Yasser Nov 3, 2015 0 Egypt's Suez Cement, the country's largest listed cement maker by market value, said it made a net loss worth 50…
World FXCM posts $426.8 million Net Loss Noha Gad May 9, 2015 0 FXCM Inc. posted a $426.8 million net loss for the first quarter, hurt by several items stemming from the January…
Industry & Trade Tesla posts Wider Loss, highlights Energy Storage demand Noha Gad May 7, 2015 0 Tesla Motors Inc (TSLA.O) reported a wider first-quarter net loss on Wednesday, but outperformed expectations and…
Banks Deutsche Bank Posts Loss; to Replace Finance Chief Yomna Yasser Oct 29, 2014 0 Deutsche Bank swung to a net loss in the third quarter after the lender boosted its reserves to cover fines from…
Financial Institutions Egypt’s Ezz Steel Sees 94% y-o-y Net Profit Drop in Q1 Salma Ayman Aug 19, 2014 0 Egypt's top steel manufacturer Ezz Steel announced consolidated net loss of EGP20.2 million in the first quarter of…
EGX SODIC Posts 564% Surge in Q1 Consolidated Profit Salma Ayman Jun 5, 2014 0 The board of property developer Six of October Development & Investment Co. (SODIC) endorsed consolidated…
Tech news Global Telecom Profits Register EGP 297 mln in 1Q2014 Salma Ayman Jun 4, 2014 0 International telecoms firms Global Telecom Holding (GTH) (GTHE.CA),the Egypt-based group formerly called Orascom…
Tech news Egypt’s Global Telecom Books in Cost of Algerian Settlement Yomna Yasser May 24, 2014 0 Egypt's Global Telecom has restated its results for last year, increasing its net loss to 20 billion Egyptian…
Industry & Trade Citadel Capital: Assets Grow to EGP30 billion in FY13 Yomna Yasser May 18, 2014 0 Citadel Capital (CCAP) announced in a press release on Sunday, its Financial results for 4Q2013 and FY2013 posting…
Tech news Mobinil: Q1 Net Loss 11% up Yomna Yasser Apr 27, 2014 0 Egyptian mobile operator Mobinil netted losses worth EGP 163.8 million for the first quarter of 2014, a 11.6%…
Tech news Egypt’s Global Telecom Posts Net Loss Of $749 Million In Q4 2013 Yomna Yasser Mar 6, 2014 0 Egypt-based international telecoms firm Global Telecom Holding (GTH) (GTHE.CA), formerly Orascom Telecom Holding,…
Industry & Trade Heikal: Mitigated Risk Spurs Citadel’s 2013 Standalone Net Profit of EGP10.5mn Yomna Yasser Mar 2, 2014 0 Egypt’s Citadel Capital swings to net profit in FY13 against a net loss of EGP 66.4 million the previous year;…
Industry & Trade Egypt’s Rakta Narrows Losses to EGP22.6 mln in FY12/13 Yomna Yasser Oct 2, 2013 0 Egypt-based paper suppliers Rakta Paper Manufacturing (RAKT.CA) has narrowed net losses to EGP 22.6 million for the…
Indices news EFG-Hermes Turns into Loss in Q2 Due to Asset Disposal Yomna Yasser Sep 1, 2013 0 EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, maintained a sharp focus throughout the first…
Tech news Acer Surprises with Net loss on More Spending Yomna Yasser Aug 7, 2013 0 TAIPEI--Taiwan personal computer maker Acer Inc. posted a surprise on-year net loss for the second-quarter because…
Tech news Mobinil Losses EGP 296.2 Mln – H1/13 Salma Ayman Aug 1, 2013 0 The financial statements of the Egyptian Company for Mobinil Services (Mobinil)-(EMOB.CA), have revealed that…
Indices news Orascom Development Incurs US$30 Mln Net Loss – Q1 Yomna Yasser May 29, 2013 0 Orascom Development Holding(AG) - (ODHN.CA) reported consolidated business results posting a net loss of CHF 29,409…
Tech news Orascom Telecom Q1/13 net loss Hit $204 Mln Yomna Yasser May 15, 2013 0 Egyptian mobile phone operator Orascom Telecom Holding (ORTE.CA) said on Wednesday it made a net loss before…
Indices news Egypt’s Orascom Construction Net Loss Hits $ 81.2 Mln In Q4/2012 Yomna Yasser May 1, 2013 0 OCI N.V.’s subsidiary, Orascom Construction Industries S.A.E. (OCIC.CA), announced on Tuesday its financial results…
Tech news Mobinil Logs Net Loss Of EGP 161.9 Mln – Q1/13 Yomna Yasser Apr 30, 2013 0 The Egyptian Company for Mobile Services (Mobinil) - (EMOB.CA) announced on Tuesday its business results of the…
Indices news EFG-Hermes Posts EGP 21 Mln Net Loss For Q4 Yomna Yasser Apr 3, 2013 0 Egypt’s biggest investment bank EFG-Hermes Holding (HRHO.CA) has logged EGP 21 million ($3.08 million) net loss in…
Real Estate Palm Hills’ Net Losses Narrowed By 58.9%; FY/12 Yomna Yasser Mar 14, 2013 0 Palm Hills Developments (PHDC.CA) has announced its consolidated financial statements for the fiscal year of 2012…
Indices news Orascom Telecom Q4/12 Net Loss Hits US$474 Mln Yomna Yasser Mar 6, 2013 0 Orascom Telecom Holding S.A.E. (‘OTH’, or ‘the Group’) (ORTE.CA), a leading provider of mobile telecommunications…
Indices news Mobinil Says 9-Month Consolidated Loss Hit EGP 93 Mln Yomna Yasser Oct 31, 2012 0 The Egyptian Company for Mobile Services - Mobinil – (EMOB.CA) announced on Wednesday its nine-month…
Indices news Mobinil Says Q3 Net Loss 23.6% Up Yomna Yasser Oct 24, 2012 0 The Egyptian Company for Mobile Services - Mobinil – (EMOB.CA) reported on Wednesday a net loss of EGP 94 million…