Egypt

Emaar Misr For Development: 3Q22 | Another Solid Quarter

  • 3Q22 revenue reached EGP4.7 billion, up 22.2% y/y and 5.2% q/q.

  • Net profit in 3Q22 increased 22.6% y/y and 21.4% q/q to EGP1.8 billion.

  • Net cash position currently constitutes 83.7% of market cap.

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Mayar El Ashry @ Al Ahly Pharos Securities Brokerage
November 15th, 2022
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