The Group’s consolidated net profit rose to approximately
EGP 12.63 billion, compared to around EGP 7.4 billion during the same period
last year. Meanwhile, the parent company’s standalone net profit, excluding the
results of its subsidiaries, reached about EGP 342.6 million during the first
nine months of 2025, compared to around EGP 326.3 million a year earlier.
In a statement to the Egyptian Exchange on Wednesday, the
company announced that total revenues for the first nine months of the year
amounted to around EGP 38.3 billion, compared to EGP 28 billion during the same
period last year, reflecting an annual growth rate of 37%.
Revenues from the Group’s hospitality sector reached
approximately EGP 9.87 billion during the first nine months of 2025, up from
EGP 7.77 billion in the same period last year, representing a 27% year-on-year
increase. Recurring income and service-related activities generated revenues of
EGP 6.9 billion during the same period, compared to EGP 4.1 billion a year
earlier.
Contracted sales reached EGP 323.8 billion during the first
nine months of 2025, marking a 28% year-on-year decline.
The Group’s ongoing projects continued to witness robust
demand, supported by the launch of the second phase of the SouthMED project on
Egypt’s Northwestern Coast last May, which achieved sales and bookings of
approximately EGP 120 billion during the first nine months of 2025.