Latest news with #MubasherInfo
Zawya
2 days ago
- Business
- Zawya
Golden Pyramids Plaza's standalone profits exceed $43.5mln in 2024
Cairo – Golden Pyramids Plaza logged standalone net profits after tax worth $43.66 million in 2024, marking an annual hike from $28.33 million. Revenues jumped to $92.12 million last year from $80.63 million in 2023, according to the financial results. Basic and diluted earnings per share (EPS) hit EGP 0.07 as of 31 December 2024, up year-on-year (YoY) from EGP 0.05. In the first half (H1) of 2024, the company's standalone net profits after tax increased to $34.83 million from $12.04 million in H1-23. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
2 days ago
- Business
- Zawya
Egypt: EFIC's consolidated profits rise 6% in Q1-25
Cairo – Egyptian Financial and Industrial (EFIC) reported 6% year-on-year (YoY) higher consolidated net profit after tax at EGP 456.11 million in the first quarter (Q1) of 2025. The generated earnings were compared to EGP 428.49 million, according to the financial results. Revenues climbed by 57% to EGP 2.81 billion in Q1-25 from EGP 1.79 billion as of 31 March 2024. EFIC posted 32% YoY higher standalone net profit after tax at EGP 208.88 million in January-March 2025, compared to EGP 158.20 million. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
6 days ago
- Business
- Zawya
Orascom Construction's consolidated profits exceed $27mln in Q1-25
Cairo – Orascom Construction posted lower consolidated net profits at $27.10 million in the first quarter (Q1) of 2025, compared to $49.80 million in Q1-24. Revenues climbed to $847.60 million in Q1-15 from $766.30 million a year earlier, according to the financial results. Basic and diluted earnings per share (EPS) hit $0.23 as of 31 March 2025, versus $0.42 in Q1-24. Standalone Financials In the first three months (3M), the EGX-listed firm turned to standalone net losses valued at $8.69 million, versus net profits of $3.73 million. Basic EPS declined to $0.23 from $0.42. Last year, the company's consolidated backlog reached $7.60 billion. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
6 days ago
- Business
- Zawya
Egypt Aluminum targets $274mln profits in FY25/26
Cairo – The shareholders of Egypt Aluminum greenlighted the estimated budget for fiscal year (FY) 2025/2026, targeting net profits valued at EGP 13.71 billion. The ordinary general meeting (OGM) passed the capital budget with a value of EGP 5.91 billion, according to a bourse statement. Last March, the EGX-listed company penned a power purchase deal with Norwegian company Scatec to establish a 1 GW solar plant at a total cost of $750 million. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
27-05-2025
- Business
- Zawya
Cleopatra Hospitals Group sees higher consolidated profits at $4.65mln in Q1-25
Cairo – Cleopatra Hospitals Group generated EGP 232.28 million in consolidated net profit after tax during the first quarter (Q1) of 2025, an annual hike from EGP 204.62 million. Basic and diluted earnings per share (EPS) went up to EGP 0.14 in Q1-25 from EGP 0.13 in Q1-24, while the revenues hiked to EGP 1.61 billion from EGP 1.18 billion, the financial results showed. As for the standalone business, the non-consolidated net profits jumped to EGP 111.92 million as of 31 March 2025 from EGP 100.90 million a year earlier. Revenues increased to EGP 600 million in the first three months (3M) of 2025 from EGP 463.66 million in Q1-24, while the basic and diluted EPS climbed to EGP 0.08 from EGP 0.07. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
