Earnings Report /
Egypt

Palm Hills Developments: 3Q21 – Sales supported by the North Coast

  • Sales in 3Q21 rose 75.6% y/y and 19.2% q/q to EGP5.1 billion, supported by offerings on the North Coast

  • Revenue in 3Q21 reached EGP1.9 billion, up 22.2% y/y and down 7.3% q/q

  • Net profit in 3Q21 decreased 26.9% y/y and 32.2% q/q to EGP174.1 million

Al Ahly Pharos Securities Brokerage
16 November 2021