Earnings Report /
Egypt

Emaar Misr For Development: Another Solid Quarter

  • Revenue increased 174.7% y/y and 71.1% q/q to EGP3.8 billion due to a rise in unit deliveries and hospitality revenue

  • Net profit increased 181.8% y/y and 85.2% q/q to EGP1.5 billion

  • Net cash currently constitutes 93.4% of market cap

Al Ahly Pharos Securities Brokerage
3 November 2021