SECON Profits Grow 40% in 2016

• Monday, 19th June 2017
• by Menna A. Farouk

Cairo-based construction firm Saudi Egyptian Construction Company (SECON) posts a 40% year-on-year rise in its profits in the fiscal year ending on December 31, 2016, Invest-Gate reports.  

Ezz Steel Turns Profitable in 2016

• Wednesday, 24th May 2017
• by Menna A. Farouk

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.

DP World Net Profit Rises by 28% y-o-y in 2016

• Tuesday, 21st March 2017
• by Nayrouz Talaat

Dubai-based global ports operator DP World reported a 28% y-o-y rise in net profit for the full year ending December 31, 2016, Invest-Gate reports.

Market Value of Stock Exchange-Listed Property Companies Hits EGP 71 bn

• Thursday, 16th March 2017
• by Nayrouz Talaat

The total market value of the stock exchange’s listed property companies hit EGP 71 bn by the end of 2016, Invest-Gate reports.

TMG Net Profit Rises By 8.85% in 2016

• Tuesday, 7th March 2017
• by Yasmin El-Beih

Egypt’s giant real estate developer Talaat Moustafa Group (TMG) posted a consolidated net profit of EGP 828 mn in 2016, up by 8.85% compared to EGP 761 mn a year earlier, Invest-Gate reports.