Earnings Report /
Egypt

Palm Hills Developments: Kicking Off the Year With Impressive Sales

  • Sales increased 98.1% y/y to EGP3.4 billion

  • Revenue grew 74.3% y/y to EGP2.0 billion; net profit grew 151.8% y/y to EGP204.6 million

  • Company is on track to meet our FY21 sales forecast of EGP13.6 billion

Al Ahly Pharos Securities Brokerage
15 June 2021