Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Get your fact right, EG has almost 500m borrowings denominated in USD, which are recorded under month-end closing rate, whereas Sales and Receivables are based on average spot rate, so it is treated as a natural hedging. With such large base of USD borrowings, in short term they will record more Unrealised Gain than Realised Loss which we can see now.
104m while net profit stay the same close to 25m, that's margin of 25% higher than any tech companies in bursa, maybe EG should get a rerating of PE similar to Frontkn, Unisem or UWC?