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Delta for Printing sees 240.3% YoY profit surge in 9 months

Delta for Printing and Packaging (DTPP) reported a 240.3% year-on-year (YoY) increase in net profits after tax for the first nine months of 2024.

Updated 11/7/2024 2:17:00 AM
Alexandria Container’s profits grow 88% YoY in Q1 FY2024/25

Alexandria Container and Cargo Handling Company (ALCN) posted an 88% year-on-year (YoY) increase in net profits after tax during the first quarter (Q1) of the fiscal year (FY) 2024/2025.

Updated 11/6/2024 12:49:00 PM
Credit Agricole’s consolidated profits rise 60%YoY in 9 months

Credit Agricole Egypt (CIEB) recorded a 59.7% year-on-year (YoY) increase in consolidated net profits after tax and minority interest in the first nine months of 2024 to EGP 6.086 billion from EGP 3.812 billion.

Updated 11/6/2024 10:13:00 AM
Egypt on track for 15.3M tourist arrivals by end-2024

The number of tourist arrivals to Egypt is expected to reach around 15.3 million by the end of 2024, marking an increase of 5% compared to 2023, Minister of Tourism and Antiquities Sherif Fathy stated.

Updated 11/6/2024 8:56:00 AM
Egyptians for Housing’s profits rise 30% YoY in 9 months

Egyptians for Housing and Development Company’s (EHDR) net profits after tax climbed by 29.5% year on year (YoY) in the first nine months of 2024 to EGP 51.596 million from EGP 39.83 million.

Updated 11/5/2024 11:04:00 AM
Trans Oceans’ profits surge 985.1% YoY in 9 months

Trans Oceans Tours (TRTO) reported a 985.11% year-on-year (YoY) hike in net profits after tax during the first nine months of 2024.

Updated 11/5/2024 1:28:00 AM
North Cairo Mills’ profits up 42% YoY in Q1 FY2024/25

North Cairo Mills Company posted a 42.3% year-on-year (YoY) surge in net profits after tax for the first quarter (Q1) of fiscal year (FY) 2024/2025.

Updated 11/4/2024 11:11:00 AM
CIB’s consolidated profits climb 89% YoY in 9 months

Commercial International Bank Egypt (CIB) reported an 89% year-on-year (YoY) surge in consolidated net profits after tax and minority interest to EGP 42.348 billion in the first nine months of 2024 from EGP 22.406 billion.

Updated 11/4/2024 10:45:00 AM
ACUD expects 25% YoY surge in 2025 profit before tax

The Administrative Capital for Urban Development’s (ACUD) profits before tax are expected to increase by up to 25% in 2024 from EGP 27 billion in 2023.

Updated 10/28/2024 2:14:00 AM
No further rise in fuel prices over coming 6 months: Madbouly

The Egyptian government will not hike fuel prices further within the coming six months, Prime Minister Moustafa Madbouly stated in a press conference during his visit to Minya on October 19th.

Updated 10/20/2024 8:15:00 AM
Sukari Gold Mine’s production up 30% YoY in Q3 2024

The Sukari Gold Mine’s (SGM) production rose 30% year on year (YoY) during the third quarter (Q3) of 2024 to 131,700 ounces.

Updated 10/17/2024 11:09:00 AM
NBK-Egypt anticipates 50% YoY profit increase in 2024

The National Bank of Kuwait-Egypt (NBK-Egypt) expects a 50% year-on-year (YoY) increase in profits by the end of 2024 from EGP 4 billion.

Updated 10/15/2024 10:52:00 AM
Egypt aims to boost natural gas output by 30% end-2025

Egypt is planning to increase its daily natural gas production by around 30% to 6 billion cubic feet by the end of 2025.

Updated 10/13/2024 8:43:00 AM
NTRA plans to raise telecommunications services prices soon

The National Telecommunications Regulatory Authority (NTRA) is working on increasing telecommunications service prices over the coming period.

Updated 10/7/2024 3:41:00 AM
Spinalex’s profits surge 128% YoY in FY2023/24

Alexandria Spinning and Weaving Company (Spinalex) reported a 128% year-on-year (YoY) increase in net profits after tax for the fiscal year (FY) 2023/2024.

Updated 9/26/2024 11:10:00 AM
GMC Group’s losses up 9.4% YoY in H1 2024

GMC Group for Industrial, Commercial, and Financial Investments (GMCI) reported a 9.39% year-on-year (YoY) increase in net losses after tax during the first half (H1) of 2024.

Updated 9/25/2024 11:01:00 AM
Lift Slab’s losses skyrocket 7,466% YoY in Q1 2024

Egyptian for Developing Building Materials (Lift Slab Misr) saw a 7,465.7% year-on-year (YoY) surge in net losses after tax in the first quarter (Q1) of 2024.

Updated 9/25/2024 10:49:00 AM
Canal Shipping Agencies’ net profits surge 99% YoY in FY 2023/24

Canal Shipping Agencies (CSAG) reported a 99% year-on-year (YoY) increase in net profits after tax during the fiscal year (FY) 2023/2024.

Updated 9/24/2024 11:29:00 AM
Sheeni Egypt’s losses widen 158.3% YoY in FY2023/24

The General Company for Ceramic and Porcelain’s (Sheeni Egypt) net losses after tax for the fiscal year (FY) 2023/2024 rose by 158.27% year on year (YoY) to EGP 104.511 million from EGP 40.465 million.

Updated 9/22/2024 1:43:00 AM
General Company for Silos’s profits rise 45.6% YoY in FY2023/24

The General Company for Silos and Storage’s (GSSC) net profits after tax rose 45.55% year on year (YoY) during the fiscal year (FY) 2023/2024.

Updated 9/19/2024 10:54:00 AM