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...Read More

Orascom Financial Holding (OFH) experienced a significant decline in consolidated net profits after tax, which fell to EGP 3.26 million in the first half (H1) of 2024, down from EGP 42.57 million in H1-23. Despite the drop in profits, the company’s revenues saw a slight increase, reaching EGP 16.22 million in H1-24, up from EGP...Read More

Raya Holding for Financial Investment reported consolidated net profits of EGP 762.13 million in the first half (H1) of 2024, marking a significant increase from EGP 350.39 million in the same period last year. The company’s revenues also saw a substantial rise, reaching EGP 20.08 billion in H1-24, up from EGP 14.51 billion a year...Read More

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...Read More

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...Read More

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...Read More

Madinet Masr Housing and Development has reported exceptional financial performance for the first half (H1) of 2024, showcasing significant growth across various financial metrics. The company’s consolidated net profits soared by an impressive 149.40% to reach EGP 1.45 billion, compared to EGP 584.70 million recorded in the same period last year (H1-23). This remarkable increase...Read More

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)...Read More