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Emaar Misr for Development reports consolidated net profits of EGP 2.8 billion

Emaar Misr for Development achieved consolidated net profits of EGP 2.81 billion in the first nine months of 2021, up by 138% year-on-year (YoY) from EGP 1.183 billion, including minority shareholders’ rights.

The revenues soared to EGP 7.62 billion in the January-September period of 2021, compared to EGP 2.43 billion in the same period in 2020, the company said in a bourse disclosure on Tuesday.