Orascom Investment Sees Higher Losses in H1
Egypt-based Orascom Investment Holding (OIH) incurred higher net losses of EGP 153.3 mn in the first half of 2019, compared to EGP 141.2 mn recorded during the prior-year period.
Amer Group Sees Lower Profits in H1
Amer Group Holding posted a 54% year-on-year slump in its consolidated profits for the first half of 2019, mainly due to lower sales.
SODIC’s H1 Revenues Jump to EGP 2.02 bn
Sixth of October Development and Investment Company (SODIC) saw its revenues jumping 92% to EGP 2.02 bn in H1 2019 from EGP 1.05 bn in the year-ago period, with east Cairo projects logging 66% of the posted value. ...
Emaar Misr Posts Lower Profits in H1
Emaar Misr, a wholly-owned subsidiary of UAE-based Emaar Properties, reported a 91% drop year-on-year (YoY) in its profits during the first half of 2019
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