Earnings Report /

Palm Hills Developments: 1Q22 – Strong start to the year

  • PHDC achieved impressive 1Q22 sales of EGP5.5 billion, up 62.4% y/y and 25.5% q/q

  • Revenue in 1Q22 grew 46.8% y/y and 59.2% q/q to EGP2.9 billion

  • Net profit in 1Q22 increased 44.1% y/y and 56.2% q/q to EGP295.0 million


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