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Financial Results
GB Corp Reports EGP 1.1 Billion Profits in H1-24
GB Corp reported consolidated net profits of EGP 1.10 billion for the first half (H1) of 2024, a significant increase from EGP 652.63 million in H1-23. The company’s total revenues also saw a notable rise, reaching EGP 19.18 billion in H1-24, compared to EGP 10.75 billion in the same period last year, according to its...
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Misr Cement’s H1-24 Profits Drop to EGP 17 Million Amid Revenue Growth
Misr Cement – Qena reported consolidated net profits of EGP 16.93 million in the first half (H1) of 2024, reflecting a significant decline from EGP 63.68 million in the same period last year. Despite the drop in profits, the company’s revenues saw an increase, rising to EGP 2.29 billion in H1-24, up from EGP 1.90...
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Orascom Development Egypt’s Revenues Surge 65% in H1-24 Despite Profit Dip
Orascom Development Egypt reported consolidated net profits of EGP 942.76 million in the first half (H1) of 2024, down from EGP 1 billion in H1-23. Despite the dip in profits, the company saw its net revenues soar by 64.90% year-on-year (YoY), reaching EGP 10.21 billion in H1-24, compared to EGP 6.19 billion in the previous...
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NileSat Reports $21.5m Net Profits in H1-24
The Egyptian Satellites Company NileSat Reports a net profit of $21.47 million from continuing operations during the first half (H1) of 2024, reflecting an increase from $19.30 million in the same period last year. Despite the profit growth, revenues slightly declined to $50.80 million in H1-24, down from $51.19 million in H1-23, as per the company’s...
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Juhayna's H1-24 Net Profits Soar 166% to EGP 1.48 Billion
Juhayna Food Industries reported consolidated net profits of EGP 1.48 billion in the first half (H1) of 2024, a 166% increase compared to EGP 556.43 million in H1-23. Net revenues rose by 69% year-on-year (YoY) to EGP 11.47 billion, up from EGP 6.80 billion, according to the company’s consolidated financial results. Earnings per share (EPS)...
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