Earnings Report /
Egypt

Cairo Investment and Real Estate Development: 9M21/22 – Topline continues its green path; heightening expenses pressure profit

  • Revenues supported by tuition fees; Higher education revenues should revive after centralized enrollment cancellation

  • Operating and financing expenses pressure margins

  • Maintain overweight on expansion plans and rising tuition fees

Marina William
Al Ahly Pharos Securities Brokerage
21 July 2022

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