Nov 20, 2023 / 01:00PM GMT
Nada Abouzeid - Beltone Securities Brokerage S.A.E., Research Division - Associate
Hello, everyone. This is Nada AbouZeid from Beltone Holdings. I'd like to welcome you all to Oriental Weavers Third Quarter Results Conference Call. I'm pleased to have on the line Mr. Hanee Afia, Group CFO; Mr. Hani Amin, Export Director; Mr. Shehta Farouk, Group Financial Controller; Mrs. Radwa Kamel, Group Treasurer; and Mrs. Yasmine ElGohary, IR Manager.
Now I'd like to hand over the call to Mr. Hanee Afia, who will start with a brief update, and then we will open the floor for questions. Please go ahead.
Hanee Afia -
Right. So good evening, everyone. Happy to be with you in the call for the first time, and I'm a new joiner. So I'm happy I joined, happy I came along with good results. So let's start.
Quarter 3 was actually a good quarter. We've scored a net revenue of EGP 4.5 billion. That is around 50% ahead of last year, ahead of quarter 3 2022. So this is basically driven by a multiple of factors. We had a volume growth all in all in local and in export business.
Q3 2023 Oriental Weavers Carpet Co SAE Earnings Call Transcript
Nov 20, 2023
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers