Cairo – The net profits after tax of Emaar Misr for Development grew to EGP 2.22 billion in the first quarter (Q1) of 2023, compared to EGP 1.58 billion in Q1-22.
The firm recorded a year-on-year (YoY) decline in revenue to EGP 1.86 billion during Q1-23 from EGP 2.57 billion, according to the income statements.
Basic and diluted earnings per share (EPS) stood at EGP 0.47 in the January-March 2023 period, versus EGP 0.32 in Q1-22.
Emaar Misr registered total assets amounting to EGP 77.96 billion in Q1-23, up from EGP 74.37 billion as of 31 December 2022.
Last year, the company logged net profit after tax valued at EGP 6.56 billion, higher than EGP 4.11 billion in 2021.
All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).