Arab Finance: Cairo for Investment and Real Estate Development (CIRD) has reported a 17.2% year-on-year (YoY) drop in its consolidated net profits after tax and non-controlling interest in the nine months ended on May 31^st, recording EGP 350.585 million, compared to EGP 423.563 million, as per a disclosure on July 18^th.

The firm earned EGP 2.006 billion in consolidated revenues from September 2022 to May 2023, up from EGP 1.464 billion over the same period a year earlier.

Meanwhile, standalone net profits after tax saw a 22.1% annual decrease to EGP 266.855 million during the nine-month period, versus EGP 342.642 million in the same months of the prior year.

Standalone revenues came in at EGP 520.936 million, seeing a yearly increase from EGP 287.615 million.

CIRD is engaged in investment in diversified sectors, including education, construction and real estate, health care, information technology, and support services.

Cairo Housing's consolidated profits drop 94.3% YoY in 9 months Updated 12/2/2025 9:44:00 AM

Integrated Engineering logs EGP 2.33M consolidated profits in 9 months Updated 12/1/2025 12:54:00 PM

ERC logs EGP 102.8M in consolidated profits over 9 months Updated 12/1/2025 11:58:00 AM

FABMISR posts 8% YoY jump in net profit over 9 months Updated 11/30/2025 3:33:00 PM

Ascom logs EGP 43M consolidated profits in Q1 2025 Updated 10/30/2025 1:33:00 PM