Amer Holding Company (Amer Group) reported exceptional financial and operational results for the third quarter of 2025, posting a net profit of EGP 180mn compared to EGP 16mn in the same period last year, reflecting a strong positive turnaround and the success of its strategy to maximize shareholder returns, Invest-Gate reports.

The company’s management stated that the results demonstrate the success of its expansion plans and the continued strong performance across ongoing projects. Assets and equity increased by 108% year-on-year, driven by operational profits and real estate investment valuations, highlighting the group’s solid financial position and market confidence.

As part of its sustainable growth strategy, Amer Group announced expansion in New Minya, acquiring a 27-feddan allocation adjacent to its Porto Minya project to develop over 850 new units with targeted sales exceeding EGP 7bn, reinforcing its presence in promising governorates and opening new long-term growth opportunities.

In Ain Sokhna, the group launched its new tourist project “Polotano,” a premium destination atop Galala Mountain with projected sales surpassing EGP 8bn, extending the success of its Porto Sokhna experience and cementing Amer Group’s leadership in Egypt’s real estate and tourism sectors.

In New Alamein City, the group initiated its mega-project “Porto Grande,” envisioned as a new family and entertainment tourism hub on the North Coast, featuring approximately 36,000 units and a wide range of leisure facilities.

Management confirmed that construction across all ongoing projects is proceeding on schedule, with some projects even ahead of plan, reflecting operational efficiency and the ability to accelerate delivery without compromising quality or cost.

The company added that the strong Q3 results mark the start of a new phase of accelerated growth aimed at maximizing company value through sustainable revenue and profit growth, enhancing shareholder returns via increased equity and investment yields.

Amer Group concluded the statement by reaffirming its commitment to implementing a comprehensive sustainable growth vision, aimed at solidifying its position as a leading real estate and tourism entity in Egypt while creating genuine and lasting value for shareholders and investors.