Latest in Tag: revenues Highlight
Latest in Tag: revenues
Suez Canal implements plan to increase revenues, face international trade growth slowdown
Chairman of Suez Canal Authority expects negative impacts of Chinese and Eurozone’s economic slowdown to ebb away before Q4 of 2016
Future of Suez Canal revenues hostage to international currencies struggle
Growth of cargo on container ships, despite drop in their numbers, signals trend of shipping companies to rely on larger vessels
Suez Canal registers revenues of $5.176bn in 2015, down by 5.3%
Payloads also increased by 3.7% to $998.7m net tonnes in 2015 compared to 962.7m net tonnes in 2014, an increase of 36m net tonnes.
50% expected decline in airport revenues in Q4 2015
Airlines Company lost part of freight fees and EgyptAir Cargo is the biggest loser, says El-Nahas
Ministry of Finance announces EGP 96.7bn budget deficit in first trimester of FY 2015/2016
State expenditures totaled EGP 221.2bn, an increase from the EGP 183.7bn in same period last year
Suez Canal revenues fall to $408.4m in November, marking 7.7% annual decline
Revenues record decline for third consecutive month since inaugurating the new canal because of decline in the number of vessels, decline of international currencies against the dollar
OC brings in $64m in first 3 quarters of 2015
Revenues amounted to $3m and backlog deals’ value is $6.7bn, says OC
EFG Hermes’ net profits inch up to EGP 120m in Q3 2015
Growth was primarily driven by a strong boost in revenues that reached EGP 668m
Etisalat Egypt revenues decline to $898.5m in past 9 months
By Muhammad Alaa El Din Etisalat Egypt’s revenues declined over the past nine months to $898.5m, compared to $953m during the corresponding period last year, acquiring about 8% of the total revenue, according to financial indicators of Emirates Telecommunications Corporation, listed in the Abu Dhabi stock market. With these revenues, the company’s branch in Egypt …
Suez Canal revenues fell despite increase in vessels
Suez Canal Authority revealed a 4.5% decrease in September 2015
Suez Canal revenues fall by $21m YoY in September
$448.8m was achieved last month, number of ships declined from previous month, says Suez Canal Authority
Juhayna profits EGP 218.6m in consolidated results
Company took three medium-term loans amounting to EGP 480m
Qalaa Holding registers EGP 84.7m losses
Company reported EGP 2.08bn in revenues in Q2 of 2015
Taxes on commercial, industrial activities to significantly increase under VAT
Tax will rise from EGP 54,000 to EGP 500,000 for industrial activities, while commercial actives will generate a tax rise from EGP 150,000 to 500,000
MNHD’s gross profit reached EGP 102m
Company says it’s on track with its Tag Sultan project
Egyptian Resorts Co achieves $ 21.4m net profits in H1 of 2015
The Egyptian Resorts Co achieved a profit in the first half (H1) of 2015, reporting net profits of EGP 167.5m ($21.4m) compared to EGP 21.3m ($2.7m) in losses in H1 of 2014. However, over the first quarter (Q1) of 2015, the company’s net profits reached EGP 3.2m, marking a 73.4% decline compared to the same …
Egypt Gas loses EGP 48.6m in H1 of 2015
Financial statements show revenues of EGP 544.68m, compared to EGP 290.1m during the same period in 2014
Suez Canal extension will take time to affect positive credit: Moody’s
Canal expansion is part of wider project to turn surrounding area into special economic zone
EFG Hermes net profits decline reaching EGP 359.1m in H1 2015
Investment bank’s unconsolidated financial statements show that losses have fallen by 38.8%
Emaar Misr net profit increases 283% in 1H of 2015
1H revenues records EGP 1.56bn
Egypt’s economy grows 4.7% in first 9 months of FY 2014/2015
Tourism sector grows 34.6% in first 9 months of last fiscal year
Airbus logs solid half-year results
European plane maker Airbus has reported a rise in earnings and revenues for the first half of the current year. With no major interruptions in global aviation expected, the group confirmed its 2015 guidance. Airbus Group on Friday reported decent half-year results supported by improved operational performance in the first six months of the year. …
Chemical Industries Holding Company eyes EGP 4.3bn in investments in FY 2015/2016
Net profit of subsidiaries’ targeted activities is anticipated to reach EGP 1.7bn
Defined goals set in revised budget: Dimian
Government revision on budget included lower targeted budget deficit, lower spending and higher revenues
Emaar Misr Board approve capital rise by EGP 600m
Firm’s current issued capital evaluated at EGP 4.019bn, set to reach EGP 4.619bn with increase
Tourism sector has to double its labour force to cover market needs: Badran
Ministry finances numerous training centres and programmes with EGP 30m to EGP 40m.
Government collects 6% of tax value: Head of Large Taxpayer Centre
Finance minister said government collected EGP 180bn in nine months
Suez Canal revenues reach $ 422.1m in April
Revenues marked an increase of $2m compared to March
CIB records 47% revenue increase, 38% net profit increase in Q1
Bank said growth was driven by increase in non-interest income on increased trade finance, foreign exchange volumes and capital gains from investments
Amer Group net profits jump to EGP 16m in Q1 2015
82% of group’s revenues were from real estate sector