Palm Hills Development Records EGP 911 Mn Net Profit in 9 Months
New sales at Badya jump 109% YoY to EGP 4.2 bn in the first nine months of the year, while sales at Palm Hills New Cairo surge 99% YoY to EGP 3.3 bn.
Palm Hills Developments Records EGP 10.7 bn in Sales in H1
Palm Hills Developments achieved new sales of EGP 10.7 bn in H1 2022, a 38% growth compared to EGP 7.7 bn in H1 2021, Invest-Gate reports.
ODE Seals USD 265 mn Loan Agreement
Orascom Development Egypt (ODE) has sealed a medium-term loan deal worth USD 265 mn (EGP 4.1 bn) to refinance outstanding debt and bankroll growth plans.
SODIC Sells 776 Properties Across Cairo in 9M
Sixth of October Development and Investment Company (SODIC) sold out 776 properties during the first nine months of 2020, bringing gross contractual sales to EGP 4.1 bn and marking a YoY rise of 23% from EGP 3.34 ...
Amer Group Net Profit Rises 8.6% in H1 2020
Egypt-based Amer Group reported an 8.6% hike in net profits in H1 2020, logging EGP 27.6 mn versus EGP 25.4 mn in the corresponding period last year.
MNHD Posts Lower Profits in 9 M
Egypt's property developer Madinet Nasr Housing and Development (MNHD) reported a consolidated net profit of EGP 631 mn during the first nine months of 2019, a decline from EGP 869.1 mn during the same period last ...
Palm Hills’ Sales Inch Up to EGP 2.2 bn in Q1
Egypt’s Palm Hills Developments (PHD) posted EGP 2.2 bn sales (residential and commercial) in Q1 2019, with 374 units sold in total, marking a 5% surge YoY that arisen notably from continued uptake of launched pro ...
Orascom Construction Net Profit Soars 84% in FY 2018
Egypt's Orascom Construction logged a sharp rise of 84% in net profits for FY 2018 to record USD 144.7 mn, compared to USD 78.5 mn a year earlier
Palm Hills’ Profits Rise 37% to EGP 640.2 mn in 9M
Egypt's property developer Palm Hills Developments has posted a 37% hike in net profits, which reached EGP 640.2 mn in the first nine months of 2018 versus net profits of EGP 466.6 mn during the corresponding peri ...
TMG Holding’s Profits Rise 12.5% to EGP 1.25 bn in 9M
Egypt-based property developer Talaat Moustafa Group Holding (TMG Holding) has recorded a 12.5% surge in its net profit to EGP 1.25 bn in the first nine months of 2018, up from EGP 1.1 bn in the year-ago period
