Earnings Report /
Egypt

Qalaa Holdings: 4Q20 – Healthy 2020 topline growth overshadowed by bottom line losses from ERC

  • ERC ends first full year of operations with a hefty loss

  • TAQA Arabia’s robust performance continues throughout 2020

  • Maintain FV of EGP1.25; performance contingent on ERC’s recovery

Omar Attia

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