Madinet Masr for Housing and Development reported a net profit after tax of 2.52 billion Egyptian pounds for the period from January to September 2024. This represents a significant increase compared to the 1.34 billion Egyptian pounds profit during the same period in 2023.
The sales also saw substantial growth, rising to 7.45 billion Egyptian pounds in the first nine months of 2024 from 4.69 billion Egyptian pounds in the corresponding period of the previous year.