Friday , March 5 2021

Orascom Development has reached the highest sales in its history for 9 months



Orascom Development reaches its highest sales in its history for 9 months Saqr News, referring to the Egyptians We come to you Orascom Development has reached its highest sales in its history for 9 months. Orascom Development reaches the highest sales in its history in 9 months. We publish your visitors Through our Saqr News website, and starting with the most important news, Orascom Development has reached the highest sales in its history over the course of 9 months.

Orascom Development has reached the highest turnover in its history of £ 1.7 billion in the nine months that ended in September 2018.

By yesterday last night, the company's shares increased by 9.87%, along with a statement of sales value. Orascom announced in an announcement to the Egyptian Stock Exchange that it has reached sales of $ 1.7 billion in real estate, which is up 78.2% annually.

Meanwhile, the company's shares increased by EGP 5.9 to 46 million EGP or 8.16 million shares.

Since the beginning of the year, the company's share has increased by 24.2%, with a turnover of 2.2 billion EGP.

According to the company, real estate revenue grew by 59.4% over the period, reaching LE 679.5 million as the supply of items to El Gouna increased.

During the independent business period, the company's losses were PLN 119.27 million, compared to a profit of LVL 13.7 million last year's comparative period.

Between January and June, net profit reached 184.61 million pounds, up from 176.29 million in the same period last year.

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Source: Egyptians


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