Earnings Report /
EgyptPalm Hills Developments: 2Q22 – Solid sales and revenue performance
2Q22 sales reached EGP5.1 billion, up 19.2% y/y and down 7.1% q/q.
Net profit in 2Q22 reached EGP263.5 million, up 2.6% y/y and down 10.7% q/q.
PHDC is on track to exceed our FY22 sales forecast of EGP18.2 billion.
Mayar El Ashry
Vice President @ Al Ahly Pharos Securities Brokerage
17 August 2022
Published byAl Ahly Pharos Securities Brokerage
