EGYPT
Corporation News
The Egyptian Company for Mobile Services—Mobinil
(EMOB.
CA) will hold an EGA on December 3, 2009 to approve the
BOD decision to issue non-convertible bonds at a maximum value of
LE1.
5 billion.
Source: Company Ads
El Sewedy Cables...
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EGYPT
Corporation News
The Egyptian Company for Mobile Services—Mobinil
(EMOB.
CA) will hold an EGA on December 3, 2009 to approve the
BOD decision to issue non-convertible bonds at a maximum value of
LE1.
5 billion.
Source: Company Ads
El Sewedy Cables Company (SWDY.
CA) released its 9M FY09
financials posting a net income of LE550 million, reflecting a 29% yo-y decline compared to LE777 million reported in the corresponding
period a year ago.
Furthermore, 9M FY09 revenues dropped by 24%
y-o-y reaching LE6.
82 led by a 43% drop in revenues from exports.
Source: Company Press Release
Orascom Telecom Holding Company (ORTE.
CA) Q3 FY09 net
income rose to US$180.
9 million versus US$69.
4 million in Q3 FY08.
Net income for the full 9-month period ending September 2009 was
US$365 million, up by 5.
5% y-o-y.
Source: Reuters
Sinai Cement (SCEM.
CA) disclosed its unconsolidated financial
statements for 9M FY09 ending September reporting a net income
of LE497 million up from LE298 million
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