Q1

  • Garhy Steel Plans IPO in Q1 of 2018 
    Construction

    Garhy Steel Plans IPO in Q1 of 2018 

    Tuesday, 8th August 2017
    Egyptian steel manufacturer Garhy Steel is planning to offer 25% of its shares in the Egyptian Exchange (EGX) during the first quarter of 2018, Invest-Gate reports.
  • Ezz Steel Sees Higher Losses in Q1
    Developers

    Ezz Steel Sees Higher Losses in Q1

    Wednesday, 19th July 2017
    Egyptian steel producer Ezz Steel incurs higher consolidated losses year-on-year in the first quarter of the fiscal year 2017/2018, Invest-Gate reports.
  • Samcrete Posts Higher Profits in Q1
    Construction

    Samcrete Posts Higher Profits in Q1

    Wednesday, 14th June 2017
    Egyptian construction and development company Samcrete Egypt Engineers and Contractors posts a 2820% year-on-year rise in its standalone profits in the first quarter of 2017, Invest-Gate reports.
  • Egyptian Resorts Company Swings to Profits in Q1
    Developers

    Egyptian Resorts Company Swings to Profits in Q1

    Thursday, 1st June 2017
    Egyptian Resorts Company (ERC) posts consolidated net profits of EGP 66.08 mn during the first quarter of 2017, against losses worth EGP 1.42 mn in the prior-year period, Invest-Gate reports.
  • Remco For Tourism Village Construction Losses Decline in Q1
    Developers

    Remco For Tourism Village Construction Losses Decline in Q1

    Wednesday, 31st May 2017
    Remco for Tourism Village Construction Company’s standalone net loss declines in the first quarter of 2017 by 43.55% to stand at EGP 22.4 mn, compared to EGP 24.7 mn a year ago, Invest-Gate reports.
  • HDB Profits Grow 203% in Q1
    Construction

    HDB Profits Grow 203% in Q1

    Tuesday, 30th May 2017
    Egypt’s Housing and Development Bank (HDB) posts consolidated profits of EGP 556.8 mn in Q1 of 2017, up 203% y-o-y from EGP 183.7 mn, Invest-Gate reports.
  • Tourist Arrivals Up 51% in Q1
    Government

    Tourist Arrivals Up 51% in Q1

    Wednesday, 24th May 2017
    Tourist arrivals to Egypt rise by 51% in the first quarter of 2017, compared to the same period a year earlier, Invest-Gate reports.
  • Ezz Steel Turns Profitable in 2016
    Developers Construction

    Ezz Steel Turns Profitable in 2016

    Wednesday, 24th May 2017
    Egyptian steelmaker Ezz Steel achieved consolidated net profits of EGP 560.15 mn during the fiscal year ending on December 31, 2016, against net losses of EGP 603.3 mn a year earlier, Invest-Gate reports.
  • SODIC’s Net Profit Rises 287.8 % y-o-y
    Developers

    SODIC’s Net Profit Rises 287.8 % y-o-y

    Wednesday, 17th May 2017
    Sixth of October for Development and Investment’s (SODIC) consolidated net profit for the first quarter of 2017 rises by 287.8% to EGP 211.9 mn, versus EGP 54.6 mn for the same period a year earlier, Invest-Gate reports.
  • MNHD Profits Jump 494% in Q1
    Developers

    MNHD Profits Jump 494% in Q1

    Tuesday, 16th May 2017
    Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) is posting consolidated net profits of EGP 407.2 mn in the first quarter of 2017, a surge of 493.6% y-o-y from EGP 68.6 mn in the same period a year earlier, Invest-Gate reports.