Orange Egypt swings to net profit in Q1, revenues rise 7.4%

Monday 30 April 2018 | 11:30 CET | News
Orange Egypt said net profit amounted to EGP 16 million for the first three months to 31 March, compared with a net loss of EGP 301 million in the same period of 2017. Revenues increased to EGP 3.29 billion from EGP 3.06 billion in 2017, reflecting growth of 7.44 percent. The gross margin amounted to EGP 2.52 billion versus EGP 2.32 billion in 2017, equal to growth of 8.52 percent. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Orange Egypt
Countries: Egypt
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Orange Egypt revenue up 8% to EGP 6.3 bln in H1

Published 31 Jul 2018 15:39 CET | Egypt
Orange Egypt's revenue increased by 7.9 percent to EGP 6.61 billion in the first six months of 2018. The gross profit rose 8.5 ...

Orange Egypt names Shaker as new CEO

Published 25 Apr 2018 11:38 CET | Egypt
Orange Egypt has appointed Yasser Shaker as the company's new CEO effective 01 May. He replaces Jean Marc Harion, who held the ...

Orange Egypt secures EGP 7 bln loan

Published 06 Apr 2018 08:46 CET | Egypt
Orange Egypt said it has reached an agreement with a consortium of eight leading banks. The agreement grants Orange a new ...

Calendar   /   Industry Events

01 Mar Zoom Video Communications Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Ooma Q4
01 Mar Inseego Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar HPE fiscal Q1
02 Mar FuboTV Q4 2020
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
03 Mar Marvell Technology fiscal Q4
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
04 Mar Inwit Q4 2020
04 Mar Telesat Q4
05 Mar Vonage Investor Day
::: More Calendar Items