Earnings Report /
Egypt

Emaar Misr For Development: A solid quarter

  • Revenue rose to EGP2.2 billion as a result of a rise in unit deliveries and hospitality revenue.

  • Net profit increased 95.9% y/y and 51.4% q/q to EGP801.1 million.

  • Market cap is currently higher than net cash.

Al Ahly Pharos Securities Brokerage
4 August 2021