Emaar Misr Reports EGP 503.3 mn in Net Profit in Q1 2018

• Wednesday, 2nd May 2018
• by Invest Gate

Emaar Misr for Development reports EGP 503.3 mn net profit in the first quarter (Q1) of 2018, compared to EGP 437.9 billion in the same period last year

Nakheel Achieves AED 2.64 bn Profits in H1

• Thursday, 27th July 2017
• by Yasmin El-Beih

Dubai-based property developer Nakheel posts lower profits in the six-month period ending on June 30, 2017, Invest-Gate reports.

TMG Net Profit Rises By 8.85% in 2016

• Tuesday, 7th March 2017
• by Yasmin El-Beih

Egypt’s giant real estate developer Talaat Moustafa Group (TMG) posted a consolidated net profit of EGP 828 mn in 2016, up by 8.85% compared to EGP 761 mn a year earlier, Invest-Gate reports.

Depa Records Nine Month Profit of AED 29 mn

• Monday, 28th November 2016
• by Karim Mohy

Dubai-based interior contractor Depa recorded a net profit of AED 29 mn in the first nine months of 2016.

Rowad Tourism Losses Continue in Q3 2016

• Thursday, 24th November 2016
• by Karim Mohy

Rowad Tourism Company recorded a net loss of EGP 391,000 in the third quarter of 2016, compared to a loss of EGP 1.5 mn in the same period last year, according to the company’s statement to the EGX.

Orascom Construction 3Q16 Net Income up 6.1% y-o-y

• Tuesday, 22nd November 2016
• by Karim Mohy

Orascom Construction earned $26 mn in net income in the third quarter of 2016, according to an earnings release on Tuesday, an increase of 6.1% year-on-year.

Samcrete Records EGP 3.15 mn Profit in Q3 2016

• Monday, 21st November 2016
• by Karim Mohy

Samcrete for Real Estate Development have turned their losses into profits in the third quarter of 2016, recording a total profit of EGP 3.15 mn within three months, compared to last year’s EGP 514,200, according to ...

CHD Q3 Profits Increase 226% y-o-y

• Monday, 21st November 2016
• by Karim Mohy

Cairo for Housing and Development (CHD) recorded a 266.2% profit increase in the third quarter of 2016, according to a financial statement released on Sunday.

Sodic Q3 2016 Net Profit up 38% y-o-y

• Wednesday, 16th November 2016
• by Karim Mohy

Sixth of October Development and Investment Company (Sodic) has recorded EGP 108 mn in net profit, marking a 38% year-on-year increase in the third quarter of 2016, according to an earnings release from the company o ...

Hill International Records Losses on Lower Mideast Revenue

• Wednesday, 16th November 2016
• by Karim Mohy

US-based project management company Hill International declared net losses of $6.9 mn, mainly on the back of decreased consulting fee revenue and payment delays in its Middle East operations.