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MarketScreener Homepage  >  Equities  >  CAIRO AND ALEXANDRIA STOCK EXCHANGE  >  Telecom Egypt Company    ETEL   EGS48031C016

TELECOM EGYPT COMPANY

(ETEL)
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Telecom Egypt :'s profit soars 108% in Q1

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05/14/2019 | 06:55am EDT

Revenues surged to EGP 6.08 billion

Telecom EgyptETEL

2.03% 13.07 0.26

Cairo – Mubasher: Telecom Egypt posted a 108.4% year-on-year hike in its consolidated profits during the first quarter of 2019.

The Egyptian telecom operator’s profits logged EGP 1.61 billion in Q1-19, compared to EGP 775.5 million in the year-ago period, including minority shareholders’ rights, according to a filing to the Egyptian Exchange (EGX) on Tuesday.

Meanwhile, revenues surged to EGP 6.08 billion in the three-month period ended 31 March from EGP 4.78 billion in the corresponding period a year earlier.

As for standalone business, the EGX-listed firm’s profits soared to EGP 5.3 billion in Q1-19, compared to EGP 448.13 million in Q1-18.

For the full-year 2018, the telecom operator logged EGP 3.5 billion in net profits after taxes from EGP 3.05 billion in the prior year.

Source: Mubasher

(c) All Rights Reserved - Mubasher Info 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (EGP)
Sales 2019 24 563 M
EBIT 2019 3 932 M
Net income 2019 4 048 M
Debt 2019 9 536 M
Yield 2019 3,40%
P/E ratio 2019 7,64x
P/E ratio 2020 5,22x
EV / Sales2019 1,32x
EV / Sales2020 1,17x
Capitalization 22 824 M
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Average target price 16,91  EGP
Last Close Price 13,37  EGP
Spread / Highest target 42,9%
Spread / Average Target 26,5%
Spread / Lowest Target 10,7%
EPS Revisions
Managers
NameTitle
Ahmed Mohamed Hamdy El-Behery Chief Executive Officer, Director & MD
Maged Ibrahim Osman Chairman
Mohamed Hassan Shamroukh Gomaa Chief Financial Officer, Director & Senior VP
Antar Kandil Chief Information Officer & Vice President
Yasser Rashwan Chief Technology Officer
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