Porto Group Profits Hike in Q2

Egyptian real estate developer Porto Group Holding posts higher profits during the second quarter of 2017 due to a growth in revenues, Invest-Gate reports.

Egypt’s TMG Holding Consol Profit Rises in H1

Egyptian real estate developer Talaat Mostafa Group Holding announces a rise in its net profit in the first half of the fiscal year 2017, Invest-Gate reports.

Palm Hills Developments Profits Hit EGP 137 mn in H1

Egyptian real estate developer Palm Hills Developments reports net profits after tax and minority interest of EGP 137 mn in the second quarter of 2017, an increase of 114% y-o-y from EGP 63.9 mn in the prior-year per ...

Arabtec Turns Profitable in H1 

Dubai-listed developer Arabtec Holding reports profits of AED 42 mn in the first half of 2017, against losses of AED 243 mn in the prior-year period, Invest-Gate reports.

Madinet Nasr Housing Posts Profits of EGP 509.57 mn in H1 

Egyptian real estate developer Madinet Nasr Housing and Development reports a 246% year-on-year growth in net profits in the first half of the fiscal year 2016/2017, which ended on June 31, 2017, Invest-Gate reports.

Emaar Malls Posts Profits of AED 482 mn in Q2 

Emaar Malls posts net profits of AED 482 mn in the second quarter of 2017, a rise of 5.2% from AED 458 mn in the prior-year period, Invest-Gate reports.

SECON Profits Grow 40% in 2016

Cairo-based construction firm Saudi Egyptian Construction Company (SECON) posts a 40% year-on-year rise in its profits in the fiscal year ending on December 31, 2016, Invest-Gate reports.  

Heliopolis Housing Profits Hit EGP 37 4m in 11 Months

Heliopolis Company for Housing and Development (HELI) posts a net profit of EGP 374 mn for the first 11 months of the fiscal year 2016-2017, up by EGP 74 mn compared to the same period last year, Invest-Gate reports.

Samcrete Posts Higher Profits in Q1

Egyptian construction and development company Samcrete Egypt Engineers and Contractors posts a 2820% year-on-year rise in its standalone profits in the first quarter of 2017, Invest-Gate reports.

Makkah Construction Posts Profits of SAR 56 mn in Q1

 Saudi developer Makkah Construction and Development Co. (MCDC) reports net profits of SAR 56 mn in the first quarter ending on April 25, 2017, unchanged from the figures posted in the prior-year period, Invest-Gate ...

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