Arab Finance: Egyptians for Housing and Development Company (EHDR) generated net profits after tax valued at EGP 65.29 million in 2024, an annual hike of 12.42% from EGP 58.07 million, as per a bourse disclosure.
Earnings per share (EPS) maintained its value at EGP 0.018 in 2024.
The revenues jumped to EGP 210.19 million at the end of December 2024 from EGP 156.91 million in 2023.
In the first nine months of 2024, the company’s net profits after tax climbed by 29.5% year on year (YoY) to EGP 51.596 million from EGP 39.83 million
Egyptians for Housing operates in the real estate development and investment sector, with the focus on the businesses of buying, purchasing, dividing, and selling lands, and establishing buildings and facilities.