Latest news with #netprofits
Zawya
4 days ago
- Business
- Zawya
Egypt: Electro Cable registered 15.6% YoY fall in Q1 2025 consolidated profits
Electro Cable Egypt recorded 15.61% year-on-year (YoY) lower consolidated net profits attributable to the owners of the parent company at EGP 451.712 million in the first quarter (Q1) of 2025, the financial results showed. The generated net profits were compared with EGP 535.328 million in Q1 2024. Earnings per share (EPS) fell to EGP 0.14 in Q1 2025 from EGP 0.16 in Q1 2024. Consolidated net sales hiked to EGP 3.723 billion from EGP 3.072 billion. As for the standalone financials, the EGX-listed firm registered an annual decline in net profit to EGP 80.424 million during the January-March 2025 period, compared to EGP 167.531 million. Non-consolidated sales jumped to EGP 1.700 billion in Q1 2025 from EGP 1.552 billion a year earlier, while the EPS went down to EGP 0.021 from EGP 0.042. In 2024, the consolidated net profits attributable to equityholders of Electro Cable Egypt increased by 6.39% YoY to EGP 1.327 billion from EGP 1.248 billion. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
4 days ago
- Business
- Zawya
Saudi Cement to distribute 10% of capital as dividends for H1-25
Riyadh: Saudi Cement Company announced cash dividends amounting to SAR 153 million, representing 10% of its share capital, for the first half (H1) of 2025. Under the board's resolution on 24 June, the Saudi firm will disburse SAR 1 per share for 153 million eligible shares, according to a bourse disclosure. Eligibility and payment dates for the dividends will be 29 June and 8 July 2025, respectively. In the first quarter (Q1) of 2025, the company's net profits dropped by 4.65% year-on-year (YoY) to SAR 108.50 million from SAR 113.80 million. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
6 days ago
- Business
- Zawya
Egypt: Elsaeed Contracting posts 5.8% YoY rise in Q1 2025 consolidated profits
Elsaeed Contracting and Real Estate Investment Company (SCCD) recorded 5.830% year-on-year (YoY) higher consolidated net profits attributable to the holding company at EGP 64.593 million in the first quarter (Q1) of 2025, the financial results showed. The quarterly earnings were compared with EGP 61.034 million in Q1 2024. Earnings per share (EPS) increased to EGP 0.089 at the end of March 2025 from EGP 0.084 a year earlier, while the operations revenues dropped to EGP 376.267 million from EGP 701.501 million. As for the standalone financials, the net profits after tax plunged to EGP 51.847 million in Q1 2025 from EGP 60.711 million in Q1 2024, while the EPS plunged to EGP 0.063 from EGP 0.073. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
6 days ago
- Business
- Zawya
Egypt: Suez Canal Technology's shareholders greenlight dividends
The shareholders of Suez Canal Company for Technology Settling approved a cash dividend of EGP 11.25 per share for the fiscal year (FY) that ended on 31 August 2025. The payout will be made within one month from the date of the ordinary general meeting (OGM), held on 18 June 2025, according to a bourse disclosure. In the first half (H1) of FY 2024/25, the EGX-listed company logged higher consolidated net profits after tax at EGP 1.23 billion, compared to EGP 716.75 million in the year-ago period. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
20-06-2025
- Business
- Zawya
Egypt: KABO's consolidated profits shrink 95% YoY in 9 months
Arab Finance: El Nasr Clothing and Textiles Company (KABO) posted a consolidated net profits of EGP 9.402 million in the first nine months of fiscal year (FY) 2024/2025, the financial results showed. The recorded net profits were 95% lower than the registered in EGP 193.064 million in the same nine months of FY 2023/2024. Net sales hiked by 14% year on year (YoY) to EGP 825.392 million at the end of March 2025 from EGP 726.792 million. As for the standalone net profits after tax, they plunged by 76% YoY to EGP 23.001 million from EGP 94.861 million. Non-consolidated revenues declined by 4% YoY to EGP 272.130 million from EGP 283.923 million Meanwhile, the basic earnings per share (EPS) dropped to EGP 0.049 from EGP 0.204. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
