IDH, TMG, Eastern Company report 1Q earnings
TMG saw a sixfold increase in its net income
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TMG saw a sixfold increase in its net income
The company’s bottom line remained unchanged y-o-y
Palm Hills’ sales jumped 377% y-o-y to a record of EGP 32.3 bn
The developer saw its gross contracted sales grow more than 8x in the quarter
Beltone brought in EGP 1.33 bn in operating revenue over the quarter
The company’s revenues climbed 92% y-o-y during the quarter
The company’s new awards fell 29% y-o-y to USD 609.5 mn during the quarter
Growth was recorded across all segments, with cake sales making up half of the quarter’s revenues
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