{"id":12339,"date":"2019-09-02T14:20:59","date_gmt":"2019-09-02T14:20:59","guid":{"rendered":"https:\/\/onplan.ae\/orascom-constructions-consolidated-backlog-hits-4-6bn-in-h1\/"},"modified":"2019-09-02T14:20:59","modified_gmt":"2019-09-02T14:20:59","slug":"orascom-constructions-consolidated-backlog-hits-4-6bn-in-h1","status":"publish","type":"post","link":"https:\/\/onplan.ae\/ar\/orascom-constructions-consolidated-backlog-hits-4-6bn-in-h1\/","title":{"rendered":"Orascom Construction\u2019s consolidated backlog hits $4.6bn in H1"},"content":{"rendered":"<div>\n<p style=\"text-align: justify;\"><strong>Cairo \u2013 Mubasher<\/strong>: <a href=\"https:\/\/english.mubasher.info\/markets\/EGX\/stocks\/ORAS\/\">Orascom Construction Plc<\/a> announced that its consolidated backlog increased by 9.4% year-on-year to $4.6 billion in the first half of 2019.<\/p>\n<p style=\"text-align: justify;\">Meanwhile, consolidated earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 26.8% to $142.4 million during the six-month period ended 30 June, the company said in a statement to the Egyptian Exchange (EGX) on Tuesday.<\/p>\n<p style=\"text-align: justify;\">Pro forma EBITDA including the group\u2019s 50% share in BESIX levelled up 15.6% year-on-year to $176.0 million in the January-June period of 2019.<\/p>\n<p style=\"text-align: justify;\">Year-on-year, consolidated new awards hiked by 41.8% to $1.4 billion, while pro forma new awards including the group\u2019s 50% share in BESIX surged by 22.1% to $2.4 billion over the six-month period ended 30 June.<\/p>\n<p style=\"text-align: justify;\">During the first quarter of 2019, Orascom construction Plc, listed on the EGX and Nasdaq Dubai, reported a <a href=\"https:\/\/english.mubasher.info\/news\/3482428\/Orascom-Construction-logs-33-7m-profit-in-Q1\">3.7% year-on-year consolidated profit retreat<\/a>, registering $33.7 million, compared to $35 million. &nbsp;<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<div>\n<p style=\"text-align: justify;\"><strong>Cairo \u2013 Mubasher<\/strong>: <a href=\"https:\/\/english.mubasher.info\/markets\/EGX\/stocks\/ORAS\/\">Orascom Construction Plc<\/a> announced that its consolidated backlog increased by 9.4% year-on-year to $4.6 billion in the first half of 2019.<\/p>\n<p style=\"text-align: justify;\">Meanwhile, consolidated earnings before interest, tax, depreciation, and amortisation (EBITDA) grew by 26.8% to $142.4 million during the six-month period ended 30 June, the company said in a statement to the Egyptian Exchange (EGX) on Tuesday.<\/p>\n<p style=\"text-align: justify;\">Pro forma EBITDA including the group\u2019s 50% share in BESIX levelled up 15.6% year-on-year to $176.0 million in the January-June period of 2019.<\/p>\n<p style=\"text-align: justify;\">Year-on-year, consolidated new awards hiked by 41.8% to $1.4 billion, while pro forma new awards including the group\u2019s 50% share in BESIX surged by 22.1% to $2.4 billion over the six-month period ended 30 June.<\/p>\n<p style=\"text-align: justify;\">During the first quarter of 2019, Orascom construction Plc, listed on the EGX and Nasdaq Dubai, reported a <a href=\"https:\/\/english.mubasher.info\/news\/3482428\/Orascom-Construction-logs-33-7m-profit-in-Q1\">3.7% year-on-year consolidated profit retreat<\/a>, registering $33.7 million, compared to $35 million. &nbsp;<\/p>\n<\/p><\/div>","protected":false},"author":1,"featured_media":12340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/comments?post=12339"}],"version-history":[{"count":0,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media\/12340"}],"wp:attachment":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media?parent=12339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/categories?post=12339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/tags?post=12339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}