Asek Company for Mining - Ascom (ASCM)

Last update: 6 July 01:29 PM market time.

59.05

23.88

67.61%

Open 60.10

Previous Close 35.32

High 61.50

Low 58.90

Stock Statistics

Volume 780,232

Turnover 46,610,176.00

All data are 15 minutes late during market session

News

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23 June 2024 02:10 PM ASCOM shifts to net losses in Q1-24 results

Cairo – Mubasher: Asec Company for Mining (ASCOM) turned to net losses worth EGP 25.67 million in the first quarter (Q1) of 2024, versus net profits worth EGP 38.58 million in Q1-23. Revenues climbed to EGP 759.97 million as of 31 March 2024 from …

Financial Results

Photo Archive

7 May 2024 03:29 PM ASCOM registers leap in 2023 consolidated profits

Cairo – Mubasher: The consolidated net profits after tax of Asec Company for Mining (ASCOM) widened to EGP 1.95 billion in 2023 from EGP 96.90 million as of 31 December 2022. The EGX-listed firm generated revenues valued at EGP 1.92 billion last …

Financial Results

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19 February 2024 00:31 PM ASCOM’s OGM nods to cutting issued capital by EGP 50m

Cairo – Mubasher: Asec Company for Mining’s (ASCOM) ordinary general meeting (OGM) approved reducing the company’s issued capital by EGP 50 million to EGP 500 million. The capital cut will be conducted through writing off 5 million treasury …

General Assembly

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24 December 2023 11:11 AM ASCOM generates higher consolidated profits in 9M-23 at EGP 2.25bn

Cairo – Mubasher: Asec Company for Mining (ASCOM) logged consolidated net profit after tax amounting to EGP 2.25 billion in the first nine months (9M) of 2023, an annual leap from EGP 118.24 million, including minority interest. Revenues stood at …

Financial Results

Photo Archive

4 July 2023 10:43 AM ASCOM shifts to EGP 38.5m profits in Q1-23

Cairo – Mubasher: Asec Company for Mining (ASCOM) turned profitable at EGP 38.58 million in the first quarter (Q1) of 2023, versus consolidated net losses after tax worth EGP 6.65 million in Q1-22, including minority interest. The revenues …

Financial Results

Photo Archive

18 December 2022 01:31 PM ASCOM turns profitable in 9M-22

Cairo – Mubasher: Asec Company for Mining (ASCOM) shifted to consolidated net profits of EGP 136.48 million during the first nine months (9M) of 2022, against net losses of EGP 38.20 million in the year-ago period, including minority shareholders’ …

Financial Results

Photo Archive

5 September 2022 11:16 AM ASCOM turns profitable in H1-22

Cairo – Mubasher: Asec Company for Mining (ASCOM) turned to consolidated net profits of EGP 67.98 million in the first half (H1) of 2022, versus net losses of EGP 36.25 million in H1-21, including minority shareholders’ rights. Profit per share …

Financial Results

Photo Archive

8 May 2022 04:19 PM ASCOM’s losses deepen in 2021

Cairo – Mubasher: Asec Company for Mining (ASCOM) has suffered consolidated net losses of EGP 90.89 million during in 2021, higher than EGP 71.72 million in 2020, including the minority shareholders' rights. The company generated revenues worth …

Financial Results

Photo Archive

23 November 2021 11:24 AM ASCOM reports 59% lower losses in 9M

Cairo – Mubasher: The consolidated net losses of Asec Company for Mining (ASCOM) retreated by 59.12% year-on-year (YoY) to EGP 38.21 million during the first nine months of 2021, compared to EGP 93.48 million, including the minority shareholders' …

Financial Results

The revenues increased to EGP 467.7 million in the January-June period

9 September 2021 11:50 AM ASCOM's loss narrows 38% in H1-21

Cairo – Mubasher: Asec Company for Mining (ASCOM) reported net losses of EGP 36.25 million in the first half (H1) of 2021, down by 37.6% year-on-year (YoY) from EGP 58.14 million, including minority shareholders' rights. The activity revenues …

Financial Results

The 93.36%-owned unit added some equipment only not a production line

7 September 2021 05:11 PM ASCOM's unit still considers adding third production line

Cairo – Mubasher: Asec Company for Mining (ASCOM) commented on news reports stating that its subsidiary Glass Rock Insulation Co added a new production line for insulation materials for household appliances. The company said that its 93.36%-owned …

Companies Investments

The revenues increased to EGP 235.96 million in the January-March period

23 June 2021 10:42 AM ASCOM's loss widens 29% in Q1-21

Cairo - Mubasher: Asec Company for Mining (ASCOM) incurred net losses of EGP 30.06 million during the first quarter (Q1) of 2021, up by 29.35% year-on-year (YoY) from EGP 23.24 million, including minority shareholders' rights. The revenues …

Financial Results

The company’s revenues declined to EGP 841.85 million

18 April 2021 02:00 PM ASCOM's loss widens to EGP 72m in 2020

Cairo – Mubasher: Asec Company for Mining (ASCOM) reported consolidated net losses of EGP 71.72 million in 2020, up by 36.4% year-on-year (YoY) from EGP 52.57 million, including minority shareholders’ rights. The company’s revenues declined to EGP …

Financial Results

The mining company has increased its issued capital to EGP 550 million

8 December 2020 00:23 PM ASCOM changes plan of using capital raise proceeds

Cairo – Mubasher: The extraordinary general meeting (EGM) of Asec Company for Mining (ASCOM) approved the proposed changes to the company’s plan regarding using proceeds from the issued capital raise. The company’s shareholders agreed to use the …

General Assembly

ASCOM will sell 15% or 345,000 shares of ASCOM Carbonate to Banque Misr

7 December 2020 11:22 AM ASCOM's board approves debt restructuring deal with Banque Misr

Cairo – Mubasher: The board of Asec Company for Mining (ASCOM) approved the fair value (FV) assessment study prepared by Solid Capital for its subsidiary ASCOM Carbonate and Chemical Manufacturing’s stock at $16.4. In addition, the board also …

Banking and Finance

The company’s revenues declined to EGP 613.898 million

17 November 2020 11:47 AM ASCOM’s loss swells 1,285% in 9M

Cairo – Mubasher: The consolidated net losses of Asec Company for Mining (ASCOM) ballooned by 1,285% year-on-year (YoY) to EGP 93.48 million in the first nine months of 2020, compared to EGP 6.74 million, including minority shareholders’ rights. …

Financial Results

Revenues slid to EGP 386.87 million in the January-June period

28 September 2020 00:26 PM ASCOM turns to loss in H1-20

Cairo – Mubasher: Asec Company for Mining (ASCOM) turned to net losses of EGP 58.14 million during the first half (H1) of 2020, against net profits of EGP 2.04 million in the year-ago period, including minority shareholders’ rights. Revenues slid …

Financial Results

The company sold 3.09 million shares in ASCOM

30 August 2020 01:54 PM Qalaa Holdings cuts stake in ASCOM

Cairo – Mubasher: Qalaa Holdings reduced its stake in Asec Company for Mining (ASCOM) to 54.05% from 61.32%. The company sold 3.09 million shares in ASCOM for EGP 25.25 million at an average price of EGP 8.17 a share, according to a bourse filing …

Insider Trading & Treasury Stocks

The company’s revenues fell to EGP 228.4 million

30 June 2020 11:19 AM ASCOM’s losses widen 120% in Q1-20

Cairo – Mubasher: The consolidated financial statements of Asec Company for Mining (ASCOM) showed a 120% year-on-year (YoY) rise in its net losses to EGP 23.24 million in the first quarter of 2020 from EGP 10.55 million, including minority …

Financial Results

The company generated EGP 967.05 million in revenue

23 April 2020 06:01 PM ASCOM’s losses almost halve in 2019

Cairo – Mubasher: The consolidated financial statements of Asec Company for Mining (ASCOM) reported a 48.8% year-on-year (YoY) drop in its net losses during 2019. The company’s net losses shrank to EGP 52.57 million last year from EGP 102.82 …

Financial Results

The company suffered net losses of EGP 6.7 million

8 December 2019 02:20 PM ASCOM’s consolidated losses shrink 78% in 9M

Cairo – Mubasher: Asec Company for Mining (ASCOM) reported a 78% year-on-year drop in its net losses during the first nine months of 2019 on the back of rising revenue, the company's consolidated financial statements showed. The company suffered …

Financial Results

The company’s issued capital will be increased to EGP 550 million

13 October 2019 01:47 PM ASCOM’s capital hike subscription covered by 100%

Cairo – Mubasher: Asec Company for Mining (ASCOM) announced that subscription to its issued capital increase was covered by 100%. The second phase of subscription included about 3.6 million shares, while the first phase involved 4.3 million …

Corporate Actions

Revenues rose to EGP 502.8 million in H1

26 September 2019 11:27 AM ASCOM turns profitable in H1

Cairo – Mubasher: The consolidated financial statements of Asec Company for Mining (ASCOM) showed a turn to profits during the first half of 2019. The company logged a profit of EGP 2.04 million in the six-month period ended 30 June, against a …

Financial Results

The company’s issued capital will be raised to EGP 550 million

19 September 2019 01:05 PM ASCOM's capital raise covered by 54.7%

Cairo – Mubasher: Asec Company for Mining (ASCOM) announced that subscription to its issued capital raise was covered by 54.74%. The first phase of subscription included 4.3 million shares and the remaining 3.6 million shares will be offered again …

Corporate Actions

Net losses retreated to EGP 10.55 million

2 July 2019 02:38 PM ASCOM’s losses fall 24.5% in Q1

Cairo – Mubasher: Asec Company for Mining (ASCOM) posted a 24.5% year-on-year drop in its losses during the first quarter of 2019, according to the company’s consolidated financial results. Net losses retreated to EGP 10.55 million from January …

Financial Results