{"id":638694,"date":"2017-10-11T03:54:17","date_gmt":"2017-10-11T03:54:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/"},"modified":"2017-10-11T03:54:17","modified_gmt":"2017-10-11T03:54:17","slug":"mnhd-contracted-sales-grow-13-y-o-y-in-3q2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/","title":{"rendered":"MNHD contracted sales grow 13% y-o-y in 3Q2017"},"content":{"rendered":"

Madinet Nasr for Housing and Development (MNHD) reported that contracted sales for 3Q2017 grew 13% y-o-y to EGP 1.2 bn in a bourse filing on Tuesday (pdf)<\/a>. The growth was attributed to the continued rollout of consecutive launches at both Taj City and SARAI, said CEO Ahmed El Hitamy.<\/p>\n","protected":false},"excerpt":{"rendered":"

Madinet Nasr for Housing and Development (MNHD) reported that contracted sales for 3Q2017 grew 13% y-o-y to EGP 1.2 bn in a bourse filing on Tuesday (pdf). The growth was attributed to the continued rollout of consecutive launches at both Taj City and SARAI, said CEO Ahmed El Hitamy.<\/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-638694","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"fc95f5ec-2a2f-43b0-ba49-8777de2bad0d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[638654],"teaser":"","voice_url":""},"yoast_head":"\nMNHD contracted sales grow 13% y-o-y in 3Q2017 - 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\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MNHD contracted sales grow 13% y-o-y in 3Q2017\" \/>\n<meta property=\"og:description\" content=\"Madinet Nasr for Housing and Development (MNHD) reported that contracted sales for 3Q2017 grew 13% y-o-y to EGP 1.2 bn in a bourse filing on Tuesday (pdf). The growth was attributed to the continued rollout of consecutive launches at both Taj City and SARAI, said CEO Ahmed El Hitamy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-11T03:54:17+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MNHD contracted sales grow 13% y-o-y in 3Q2017\",\"datePublished\":\"2017-10-11T03:54:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/\"},\"wordCount\":54,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/\",\"name\":\"MNHD contracted sales grow 13% y-o-y in 3Q2017 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-10-11T03:54:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MNHD contracted sales grow 13% y-o-y in 3Q2017\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"MNHD contracted sales grow 13% y-o-y in 3Q2017 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/mnhd-contracted-sales-grow-13-y-o-y-in-3q2017\/","og_locale":"en_US","og_type":"article","og_title":"MNHD contracted sales grow 13% y-o-y in 3Q2017","og_description":"Madinet Nasr for Housing and Development (MNHD) reported that contracted sales for 3Q2017 grew 13% y-o-y to EGP 1.2 bn in a bourse filing on Tuesday (pdf). 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MNHD sees new phases of the Taj City reeling in EGP 2.5-3 bn, while contracted sales for its Sarai projects are projected to reach EGP 2-3\u2026","rel":"","context":"In "Real Estate + Housing"","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":652263,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/mnhd-reports-record-contracted-sales-in-2016\/","url_meta":{"origin":638694,"position":1},"title":"MNHD reports record contracted sales in 2016","author":"enterpriseam admin","date":"4 January 2017","format":false,"excerpt":"Madinet Nasr for Housing & Development (MNHD) issued guidance (pdf) noting that its contracted sales for 2016 stood at EGP 3.8 bn, exceeding the budgeted figure of EGP 2.0 bn and coming 4.3x higher than 2015\u2019s figure. The record sales were achieved primarily through the company\u2019s flagship project Taj City,\u2026","rel":"","context":"In "Real Estate + Housing"","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":623269,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/egypt-real-estate-giants-sodic-mnhd-release-operational-updates-as-they-push-ahead-with-merger\/","url_meta":{"origin":638694,"position":2},"title":"Egypt real estate giants SODIC, MNHD release operational updates as they push ahead with merger","author":"enterpriseam admin","date":"25 October 2018","format":false,"excerpt":"** #3 M&A WATCH- Real estate giants SODIC and MNHD release operational updates. The two players in what we believe is Egypt\u2019s largest-ever domestic merger issued operational updates yesterday as the transaction chugs toward a potential end-of-year close: SODIC sees net contracted sales growing 14% y-o-y 2018: SODIC is anticipating\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548488,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/mnhd-revenues-double-in-2q-2022\/","url_meta":{"origin":638694,"position":3},"title":"MNHD revenues double in 2Q 2022","author":"enterpriseam admin","date":"10 August 2022","format":false,"excerpt":"Madinet Nasr Housing and Development\u2019s (MNHD) revenues more than doubled in 2Q 2022 due to a rise in deliveries, it said in its earnings release (pdf) yesterday. The real estate company reported EGP 972.3 mn in revenues for the quarter, up from EGP 441.4 mn in the same period last\u2026","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595926,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/earnings-watch-sodic-efg-hermes-mnhd-telecom-egypt\/","url_meta":{"origin":638694,"position":4},"title":"Earnings watch: Sodic, EFG Hermes, MNHD, Telecom Egypt","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"EARNINGS WATCH- Sodic net income grows 9% y-o-y in 2Q019, revenues double: Sodic recorded a 9% y-o-y increase in net income to EGP 175 mn in 2Q2019, the company said in an earnings statement (pdf) on Thursday. Revenues for the quarter doubled y-o-y to EGP 1 bn as net contracted\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637464,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/sodic-ekh-elsewedy-mnhd-orascom-development-and-oriental-weavers-post-3q2017-results\/","url_meta":{"origin":638694,"position":5},"title":"SODIC, EKH, Elsewedy, MNHD, Orascom Development, and Oriental Weavers post 3Q2017 results","author":"enterpriseam admin","date":"16 November 2017","format":false,"excerpt":"EARNINGS WATCH- A number of our friends were among those reporting earnings yesterday as the 3Q results season eases to a close. Among those with results out yesterday or overnight:SODIC reported a 54% y-o-y jump in net profit to EGP 166.2 mn in 3Q2017. 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