Report
EUR 236.14 For Business Accounts Only

Hats off

By the end of March 2017, sales had grown by 38% to EGP7.845bn vs. EGP5.726bn, a year ago. The operating income jumped by 22.3% to reach EGP1.765bn vs. EGP1.443bn, yoy. The tobacco monopoly’s profit also increased by 24.2% to EGP1.342bn, yoy. However, the net margin reached 17.1% by the end of March 2017 vs. 18.9% a year ago.
Underlying
Eastern Platinum

Eastern Platinum is a platinum group metal producer engaged in the mining, exploration and development of platinum group metal properties located in various provinces in South Africa. All of Co.'s properties are situated on the western and eastern limbs of the Bushveld Complex.

Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.

Analysts
Meriem KADDOUR

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