Bassma Bakry

FAIT 3Q21 consolidated net profit pre-minority interest and appropriations recorded EGP687 million (+26% q/q, +10% y/y), bringing 9M21 bottom line to EGP1.84 billion (+24% y/y). Efficiency improved on a sequential basis, as operating income expanded ...

OIH reported 3Q21 revenues of EGP219.3 million, compared to EGP220.7 million in 2Q21 and EGP163.8 million in 3Q20, implying a -1% q/q and 34% y/y growth in top line. Despite the 2.0pps y/y decline in its contribution in 3Q21, the cables business (Pak...

CANA 3Q21 net profit pre-minority interest and appropriations recorded EGP136 million (+9% q/q, +4% y/y), which is 49% higher than our estimates for 3Q21. The bottom line grew sequentially on the back of 1) lower effective tax rate dropping by 8 pps ...

ATLC 3Q21 net income recorded EGP21 million (-5% q/q, +9% y/y), bringing 9M21 net income to EGP117 million (+112% y/y). The sequential and annual expansion in interest income recorded EGP141 million (10% q/q, +7% y/y) along with EGP2.5 million record...

EGBE 3Q21 standalone net profit pre-minority interest and appropriations came in at EGP173 million (-1% q/q, +16% y/y), bringing 9M21 net income to EGP507 million (+9% y/y). 9M21 bottom line grew by 9% on an annual basis, recording EGP507 million. Th...

Contact’s net income post minority interest for 3Q21 recorded EGP112 million (+3% q/q, +68% y/y) bringing 9M21 profits to EGP330 million (+71% y/y). 3Q21 net Attributable income recorded EGP117 million (+5% q/q, +54% y/y). Sequential growth was mainl...