{"id":637853,"date":"2017-11-27T03:56:46","date_gmt":"2017-11-27T03:56:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/heliopolis-housing-says-it-netted-egp-76-mn-in-four-months-only-completed-59-of-plan\/"},"modified":"2017-11-27T03:56:46","modified_gmt":"2017-11-27T03:56:46","slug":"heliopolis-housing-says-it-netted-egp-76-mn-in-four-months-only-completed-59-of-plan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/heliopolis-housing-says-it-netted-egp-76-mn-in-four-months-only-completed-59-of-plan\/","title":{"rendered":"Heliopolis Housing says it netted EGP 76 mn in four months, only completed 59% of plan"},"content":{"rendered":"<p>Heliopolis Housing <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/210355_1.pdf\">sent the EGX a note<\/a> saying it registered a net profit after tax of EGP 76 mn from July until October 2017, up 292% y-o-y. The company\u2019s revenues also went up by 124% y-o-y to EGP 235 mn during the same period. Heliopolis Housing also noted that it only achieved 59% of its operational plan for the period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Heliopolis Housing sent the EGX a note saying it registered a net profit after tax of EGP 76 mn from July until October 2017, up 292% y-o-y. The company\u2019s revenues also went up by 124% y-o-y to EGP 235 mn during the same period. Heliopolis Housing also noted that it only achieved 59% of its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637853","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"3dbc8425-638b-4852-be34-92b162b44ec2","order":"0","is_powered_by":true,"section_story_id":"0866f426-a666-47e8-879c-45dc11fa0d1f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637828],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Heliopolis Housing says it netted EGP 76 mn in four months, only completed 59% of plan - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/heliopolis-housing-says-it-netted-egp-76-mn-in-four-months-only-completed-59-of-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heliopolis Housing says it netted EGP 76 mn in four months, only completed 59% of plan\" \/>\n<meta property=\"og:description\" content=\"Heliopolis Housing sent the EGX a note saying it registered a net profit after tax of EGP 76 mn from July until October 2017, up 292% y-o-y. 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The company sold units worth EGP 34.3 mn in New Heliopolis, EGP 24.7 mn from the project in Sheraton, and EGP 12.1 mn from its project in Obour.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":564406,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/earnings-heliopolis-housing-housing-and-development-bank-mb-engineering\/","url_meta":{"origin":637853,"position":1},"title":"Earnings: Heliopolis Housing, Housing and Development Bank + MB Engineering","author":"enterpriseam admin","date":"30 August 2021","format":false,"excerpt":"Minapharm Pharma bottomline more than doubled during 2Q2021, recording EGP 130.5 mn compared to EGP 48.2 mn last year, according to its financial statement (pdf). Revenues during the quarter were up 33% to EGP 681.4 mn from EGP 510 mn last year.MB Engineering recorded a net income of EGP 1.4\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651181,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/06\/heliopolis-for-housing-and-development-investing-egp-560-mn-in-fy2016-17\/","url_meta":{"origin":637853,"position":2},"title":"Heliopolis for Housing and Development investing EGP 560 mn in FY2016-17","author":"enterpriseam admin","date":"6 February 2017","format":false,"excerpt":"Heliopolis for Housing and Development are investing a total of EGP 560 mn in FY2016-17, deputy Chairman Wael Youssef told Al Mal. The investment will include EGP 330 mn for infrastructure and facilities, and the rest towards housing projects, he added.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":633062,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/26\/heliopolis-housing-and-development-taps-banque-misr-sarwa-to-advise-on-egp-500-mn-securitization\/","url_meta":{"origin":637853,"position":3},"title":"Heliopolis Housing and Development taps Banque Misr, Sarwa to advise on EGP 500 mn securitization","author":"enterpriseam admin","date":"26 February 2018","format":false,"excerpt":"Heliopolis for Housing and Development selected Banque Misr and Sarwa Capital to advise on it planned EGP 500 mn securitization of its real estate portfolio, the company said in a bourse statement on Sunday (pdf).","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646183,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/07\/heliopolis-housing-taps-global-lease-for-egp-100-mn-funding\/","url_meta":{"origin":637853,"position":4},"title":"Heliopolis Housing taps Global Lease for EGP 100 mn funding","author":"enterpriseam admin","date":"7 June 2017","format":false,"excerpt":"Heliopolis Company for Housing & Development tapped Global Lease for a financial lease contract worth EGP 100 mn, according to an EGX filing. The funds will go towards water treatment projects for the New Heliopolis development. The contract matures in seven years and repayment will be made quarterly.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621855,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/heliopolis-housing-profit-and-revenue-drop-as-sales-plummet\/","url_meta":{"origin":637853,"position":5},"title":"Heliopolis Housing profit and revenue drop as sales plummet","author":"enterpriseam admin","date":"19 November 2018","format":false,"excerpt":"EARNINGS WATCH- Real estate company Heliopolis Housing\u2019s net profit was down 88.6% in 1Q2018-2019 to EGP 8.7 mn from EGP 76.9 mn in the same quarter last year, it said in a statement on the EGX (pdf). 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