revenue – New Business Ethiopia

Mesqan, Mareqo clash hampers Butajira’s growth

Mesqan, Mareqo clash hampers Butajira’s growth

February 3, 2021February 3, 2021 newbusinessethiopianews Butajira City, Ethiopia, growth, Mareqo Wereda, Mesqan Wereda, revenue, tax

The unresolved clash between Mesqan and Mareqo Weredas (districts) over territory has been negatively affecting the revenue collection and growth

Ethiopia - Addis International Bank profit grows 39 percent

Ethiopia – Addis International Bank profit grows 39 percent

January 11, 2020January 11, 2020 newbusinessethiopianews Addis International Bank, asset, bank branches, capital, Earnings per share, employees, Ethiopia, expense, gross profit, net profit, profit before tax, revenue

Addis International Bank, one of the private financial institutions in Ethiopia, has made a gross profit (before tax) of 205.2

Ethiopia- Dashen Bank makes $40 million profit

Ethiopia- Dashen Bank makes $40 million profit

January 9, 2020January 11, 2020 newbusinessethiopianews asset, ATMs, automatic teller machines, Dashen Bank, deposit, employees, Ethiopia, expense, gross profit, loans and advances, point of sale terminals, revenue

Compared to the preceding budget year, the gross profit (before tax) of Dashen Bank, one of the biggest private banks

Ethiopia - Lion Bank profit surges 45 percent

Ethiopia – Lion Bank profit surges 45 percent

January 4, 2020January 4, 2020 newbusinessethiopianews asset, bank branches, employees, Ethiopia, expense, Lion International Bank, profit before tax, Return on equity, revenue

Compared to the preceding budget year performance, annual gross profit (before tax) of Lion International Bank (LIB), one of the

Ethiopia - Oromia International Bank earnings per share drops 29%

Ethiopia – Oromia International Bank earnings per share drops 29%

January 3, 2020January 11, 2020 newbusinessethiopianews asset, bank branches, bank deposits, borrowers, dividend per share, Earnings per share, employees, Ethiopia, expense, gross profit, income tax, net profit, paid-up capital, revenue

Compared to the proceeding budget year, Earnings per share of Oromia International Bank (OIB), one of the private banks in

Ethiopian Airlines generates $4.2 billion revenue

October 1, 2019October 1, 2019 Ethio Telecom, Ethiopian, Ethiopian Airlines, Ethiopian Shipping Lines, privatization, profit, revenue

Ethiopia Airlines Group generates total revenue of 114.6 billion birr (about $4.2 billion) during the Ethiopia fiscal year concluded July

Ethio Telcom makes $830 million profit

July 23, 2019July 23, 2019 Ethio Telecom, Ethiopia, revenue

The only telecommunications service provider in Ethiopia, Ethio Telecom says it has made a total profit of over 24 billion