Tuesday, July 5, 2022

The 23 Largest Egyptian Cos' Total Earnings in 2021 On Fire, Surpassing by 84% Their Total Earnings in the Pre-Covid Pandemic Year of 2019. In Comparison, the Annual Inflation Rate in Egypt Was 5.7% in 2020 and 4.5% in 2021.

From a review of the tradingview.com website, I identified the 23 Egyptian Companies with stock market caps recently above 5 billion in Egyptian Pounds (EGP) and which also reported their earnings in Egyptian Pounds for all of the three most recent fiscal years 2021, 2020 and 2019.

Also from a review of the investing.com website, the table below shows the Consolidated Net Income (Loss) from Continuing Operations for fiscal years 2021, 2020 and 2019 for each of these 23 largest Egyptian Companies.