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Qalaa Holdings SAE (CCAP.CA)

CCAP.CA on The Egyptian Exchange

1.65EGP
5 Aug 2020
Change (% chg)

£0.10 (+6.16%)
Prev Close
£1.56
Open
£1.63
Day's High
£1.69
Day's Low
£1.62
Volume
40,550,040
Avg. Vol
16,243,252
52-wk High
£2.87
52-wk Low
£0.80

Latest Key Developments (Source: Significant Developments)

Qalaa Holdings Q1 Loss Widens
Wednesday, 1 Jul 2020 

July 1 (Reuters) - QALAA HOLDINGS SAE ::RECORDS A 191% Y-O-Y INCREASE IN 1Q2020 REVENUES.Q1 REVENUES EGP 10.4 BILLION.RECORDED A NET LOSS AFTER MINORITY INTEREST OF EGP 405.1 MILLION IN 1Q20 COMPARED TO A NET LOSS OF EGP 154.6 MILLION IN SAME PERIOD LAST YEAR.QALAA’S TOP LINE PERFORMANCE IN 1Q20 WAS PRIMARILY DRIVEN BY THE EGP 6.8 BILLION BOOKED BY ERC.'HAVE DECIDED TO MAINTAIN OUR FULL WORK FORCE WITH NO LAYOFFS AT THIS TIME'.QALAA HOLDINGS MD SAYS SERIOUS CHALLENGES CAUSED BY COVID-19 CANNOT BE UNDERESTIMATED HOWEVER, WE ARE TAKING THE NECESSARY MEASURES TO NAVIGATE THEM.QALAA HOLDINGS MD SAYS WE ALSO CONTINUED TO MAKE HEADWAY ON OUR DEBT RESTRUCTURING INITIATIVES.EXPLORING AVENUES TO BENEFIT FROM EGYPTIAN GOVERNMENT’S STIMULUS PLAN AND RELIEF MEASURES IN RESPONSE TO THE COVID-19 PANDEMIC.  Full Article

Egypt's Qalaa Holdings 9-Month Standalone Loss Widens
Thursday, 19 Dec 2019 

Dec 19 (Reuters) - QALAA HOLDINGS ::NINE-MONTH STANDALONE NET LOSS EGP 219.9 MILLION VERSUS LOSS OF EGP 77.6 MILLION YEAR AGO.  Full Article

Egypt's Qalaa Holdings Posts Q3 Consol Loss
Thursday, 19 Dec 2019 

Dec 19 (Reuters) - QALAA HOLDINGS ::Q3 CONSOL NET LOSS ATTRIBUTABLE EGP 395.3 MILLION VERSUS PROFIT OF EGP 123 MILLION YEAR AGO.Q3 CONSOL REVENUE EGP 3.92 BILLION VERSUS EGP 3.25 BILLION YEAR AGO.NINE-MONTH CONSOL NET LOSS EGP 901.2 MILLION VERSUS PROFIT OF EGP 106.4 MILLION YEAR AGO.  Full Article

Egypt's Qalaa Holdings Posts Q2 Consol Loss
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - QALAA HOLDINGS ::Q2 CONSOL NET LOSS EGP 224.5 MILLION VERSUS PROFIT OF EGP 261.5 MILLION YEAR AGO.Q2 CONSOL REVENUE EGP 3.49 BILLION VERSUS EGP 3.22 BILLION YEAR AGO.H1 CONSOL NET LOSS EGP 449.7 MILLION VERSUS PROFIT OF EGP 73.4 MILLION YEAR AGO.  Full Article

Egypt's Qalaa Holdings Q1 Consol Loss Narrows
Tuesday, 2 Jul 2019 

July 2 (Reuters) - QALAA HOLDINGS ::Q1 CONSOL NET LOSS EGP 171.5 MILLION VERSUS LOSS OF EGP 183.5 MILLION YEAR AGO.Q1 CONSOL REVENUE EGP 3.44 BILLION VERSUS EGP 3.04 BILLION YEAR AGO.Q1 CONSOL NET LOSS ATTRIBUTABLE TO SHAREHOLDERS EGP 154.6 MILLION VERSUS LOSS OF EGP 186.1 MILLION YEAR AGO.QALAA’S CONSOLIDATED DEBT EXCLUDING EGYPTIAN REFINING COMPANY(ERC) AND ERC-RELATED DEBT AS OF 31 MARCH 2019 STOOD AT EGP 9.42 BILLION.QALAA BOOKED AN EGP 181.7 MILLION FX GAIN IN Q1 ON BACK OF A STRENGTHENING EGYPTIAN POUND AGAINST US DOLLAR,.  Full Article

Qalaa Holdings Q1 Standalone Loss Widens
Tuesday, 2 Jul 2019 

July 2 (Reuters) - QALAA HOLDINGS ::EGYQ1 STANDALONE NET LOSS EGP 67.2 MILLION VERSUS LOSS OF EGP 63.4 MILLION YEAR AGO.  Full Article

Egypt's Qalaa Holdings Posts Q4 Consol Profit
Thursday, 16 May 2019 

May 16 (Reuters) - QALAA HOLDINGS ::Q4 CONSOL NET PROFIT INCLUDING MINORITY SHARE EGP 630.6 MILLION VERSUS LOSS OF EGP 1.68 BILLION YEAR AGO.Q4 CONSOL REVENUE EGP 3.77 BILLION VERSUS EGP 2.82 BILLION YEAR AGO.FY CONSOL NET PROFIT EGP 929.1 MILLION VERSUS LOSS OF EGP 5.72 BILLION YEAR AGO.FY CONSOL REVENUE EGP 13.17 BILLION VERSUS EGP 10.55 BILLION YEAR AGO.BOOKED A NON-CASH ONE-OFF GAIN OF EGP 3,726.8 MILLION IN FY18 FOLLOWING DECONSOLIDATION OF AFRICA RAILWAYS’OPERATIONAL LIABILITIES IN KENYA, UGANDA.  Full Article

Qalaa Holdings Updates On Trial Operations of Egyptian Refining Co Project
Tuesday, 26 Mar 2019 

March 26 (Reuters) - QALAA HOLDINGS SAE ::ERC SUPPLIED 36,873 TONS OF DIESEL, 5,800 TONS OF LIGHT NAPHTHA AND 9,115 TONS OF REFORMATE SINCE START OF ERC’S TRIAL OPERATIONS.SAYS TRIAL OPERATION OF ALL PROJECT UNITS IS EXPECTED TO BE COMPLETED BY THE END OF THE SECOND QUARTER OF THIS YEAR.  Full Article

Egypt's Qalaa Holdings 9-Month Standalone Loss Narrows
Sunday, 23 Dec 2018 

Dec 23 (Reuters) - QALAA HOLDINGS ::NINE-MONTH STANDALONE NET LOSS EGP 77.6 MILLION VERSUS LOSS OF EGP 218.5 MILLION YEAR AGO.  Full Article

Qalaa Holdings Says Asec Cement Signs MoU With GICA To sell Stake In Zahana
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - QALAA HOLDINGS ::ANNOUNCES MOU BETWEEN GROUPE INDUSTRIEL DES CIMENTS D’ALGERIE AND ASEC CEMENT UNDER WHICH GICA WILL BUY ASEC’S SHARES IN ZAHANA CEMENT PLANT IN ALGERIA.EXPECTS SALE TO BE COMPLETED BEFORE MID-2019 AFTER REACHING AGREEMENT ON FAIR VALUE OF SHARES, COMPLETION OF CONDITIONS PRECEDENT.  Full Article