Latest in Tag: profits Highlight
Latest in Tag: profits
13 banks in Egyptian market report EGP 21.778bn net profits in 1H 2022
CIB tops list in terms of net profit at EGP 7.773bn, followed by QNB Alahli by EGP 4.754bn
Top 10 Egyptian market banks report EGP 14.661bn in net profits in September
QNB Alahli accounts for 38% of total profits achieved by top 10 banks, recording EGP 5.572bn
Public Enterprises Sector Ministry restructures affiliated firms to increase profits
Tawfik’s remarks came during his speech at the “Egypt in a Changing World” conference, organized by Future University.
Internet services lead TE profits growth in H1 of 2020
TE achieved revenues of EGP 15bn during the first half (H1) of this year, reflecting a growth of 18% over the same period last year. The growth was supported by a 37% increase in data services revenues compared to the same period last year.
Egypt’s banks report EGP 83.18bn net profits in 2019: CBE
Top 5 banks account for 50.1% of sector’s total profits, top 10 achieve EGP 58.7bn profits
CIB continues to grow healthy profits: Beltone
Decrease in financing expenses supports profitability; improved corporate lending is major positive factor
Faisal Islamic Bank of Egypt registers EGP 1.376bn in profits in H1of 2019
Total assets of bank increased to EGP 97.289bn end-June, up from EGP 85.902bn in June 2018
Banks’ profits score EGP 45.843bn at end of June 2018
Top five banks account for 61.34% of profits, against 72.87% for 10 banks, says CBE
B Investments achieves net profits of EGP 112m in H1 2018, recording 21% y-o-y increase
Hazem Barakat, chairperson of B Investments, announced in a press statement on Wednesday that B Investments’ net profits grew by 21%, reaching EGP 112m in the first half (H1) of 2018, with a net profit margin of 83%. “The increase can be attributed to our active investment strategy, which contributed to the strong performance of …
BM achieved record profits of EGP 14.1bn at end-FY 2016/2017
ROA at 1.33%, ROE scored 16.31%
Egyptian banks score EGP 44.75bn profits end-September: CBE
Top five banks account for 46.67% of total profits, top 10 accounts for 63.16%
Supply Ministry profits from poor people’s sugar
Government companies supply 85% of the production, 466% profit growth of Delta company
Banks’ profits in Egypt worth EGP 47.381bn by end of H2 2017: CBE
The five largest banks account for 69.52% of total profits, the top 10 earn EGP 38.072bn
EgyptAir aims for profits worth EGP 1bn during current FY
A plan for selling a number of duty-free products on aircrafts, says Musallam
Egypt’s top 5 banks accounted for 77.7% of total profits of banks operating in Egyptian market by end of March 2017: CBE
Total profits amounted to EGP 30.516bn at the end of first quarter of 2017, top 10 banks mark profits of EGP 26.234bn
Egytrans reports EGP 111m revenues, EGP 20m net profit in Q1 2017
The company has reported continued growth despite challenging macroeconomic backdrop and resultant operational difficulties
Beltone expects HDB’s net profit to exceed EGP 800m by year end
Bank’s initial 2017 budget includes deposit growth by 40%, loans by 30%, profit by 30%
EFG-Hermes reports strong Q1 profits of EGP 236m
201% y-o-y increase in profits was driven by a 106% rise in revenues to EGP 825m
Profits of public sector companies registered EGP 2.7bn in H1 of current FY
El Sharqawy aims to increase the market share of governmental companies
GEMMA expects profits of EGP 60m in 2017
Flotation contributes to increasing company’s market share and raise local prices, according to Pharos
EFG Hermes reports record net profits for FY 2016
Group net profits rise 690% along with a 279% increase in revenues to EGP 4bn
Egypt’s banks achieved net profits of EGP 53.066bn until December: CBE
Egypt’s five largest banks acquire 42.66% of total profits achieved by banks working in the Egyptian market
Commerzbank logs anticipated profit plunge
Germany’s second-largest lender, Commerzbank, has booked a steep decline in bottom-line earnings for 2016. The bank kept battling through a tough restructuring in a volatile business environment.Commerzbank announced Thursday its net profits were down more than 74 percent year on year in 2016. Releasing full-year financial results, Germany’s second-biggest lender said it logged bottom-line earnings …
Delta plans to increase sugar production to 300,000 tonnes in 2017
The company aims to benefit from the gap between supply and demand in the market, amid confidence that the sugar shortage will be over soon
MNHD consolidated revenues reach EGP 578.7m, EGP 310.1m net profits in Q3 2016
Taj City and SARAI projects will help company sustain strong growth rates in Q3 of 2016, says report
EFG Hermes achieves EGP 41m net profits in Q3 of 2016
The Egyptian Financial Group (EFG) Hermes, a financial service corporation in the Middle East and North Africa (MENA), announced in a report on Tuesday a 28% annual growth of its continued operation revenues year-on-year (y-o-y), reaching EGP 294m, with net profits of EGP 41m in the third quarter of 2016. Revenues from continued and discontinued …
Egyptian Gulf Bank scores net profits of EGP 240.6m in H1 of 2016
The Egyptian Gulf Bank (EGB) achieved net profits of EGP 240.6m during the first half (H1) of 2016. The bank’s profits increased by 100%, compared to the same period in 2015. The bank’s financial results for H1 in 2016 showed a significant growth in all activities and indicators. The bank’s net income has increased by …
Banque du Caire profits increase by EGP 690m in 2015: El-Zahid
All of the bank’s profits resulting from real operations, not the product of asset sales, says chairperson
Etisalat Egypt profits increase to EGP 540m, despite revenue drop
10.7% drop in company’s revenues
SODIC targets 10% increase in net profits by year’s end
Eastown to generate up to 80% of the recurring income by 2020
