{"id":707383,"date":"2026-06-03T00:00:00","date_gmt":"2026-06-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=707383"},"modified":"2026-06-03T03:29:08","modified_gmt":"2026-06-03T03:29:08","slug":"madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/","title":{"rendered":"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Madinet Masr\u2019s bottom line dipped 14.1% y-o-y to EGP 682.5 mn in 1Q 2026<\/strong>, hampered by a flurry of lower-margin unit handovers, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/internal\/706880.pdf\" style=\"\">earnings release (pdf)<\/a>. However, the top line grew 7.4% y-o-y to EGP 2.8 bn as the developer ramped up construction, driving a staggering 256.7% increase in deliveries to hit 831 units.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>New sales cooled 7.0% y-o-y to EGP 11.7 bn as the broader real estate market caught its breath.<\/strong> Even though the developer sold more homes \u2014 volumes jumped 59.0% to 1.5k units \u2014 average selling prices dropped as buyers gravitated toward an affordable housing project outside East Cairo, the company\u2019s IR department tells EnterpriseAM. Routine contract terminations also drove EGP 264.1 mn in revenue reversals, though strong collections improved the delinquency rate to 1.0% from 1.6% a year earlier.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A first-ever dividend:<\/strong> Madinet Masr distributed its first-ever stock dividend of 4.2% in March, alongside a banknote payout. Robust collections also helped the developer close the quarter with EGP 380.1 mn in net liquidity, reversing an EGP 329.2 mn net debt position at the end of 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> company has also recently launched several subsidiaries<\/strong>, which it described as \u201cvertically expanding our services ecosystem around our core industry development business.\u201d The brokerage arm, Doors, aims to expand sales and brokerage reach, while finishing-services provider, Finishing Solutions, supports customers post-handover. Additionally, the fractional investment platform SAFE is geared to expand monetization prospects across the customer lifecycle and diversify revenue streams.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real estate developer flipped its balance sheet into the black and distributed its first-ever stock dividend during the first quarter of the year<\/p>\n","protected":false},"author":1,"featured_media":707384,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7208],"tags":[409,72,7203],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-707383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-earnings-watch","tag-enterpriseam","tag-madinet-masr","wpautop","entry"],"acf":{"mongo_id":"f1a98a50-9988-421a-81c3-e2d1ea709d6f","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2070.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026","related_issue":[707370],"teaser":"The real estate developer flipped its balance sheet into the black and distributed its first-ever stock dividend during the first quarter of the year"},"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>Madinet Masr&#039;s bottom line dips 14% to EGP 682.5 mn in 1Q 2026 - 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\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Madinet Masr&#039;s bottom line dips 14% to EGP 682.5 mn in 1Q 2026\" \/>\n<meta property=\"og:description\" content=\"The real estate developer flipped its balance sheet into the black and distributed its first-ever stock dividend during the first quarter of the year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-03T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-03T03:29:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026\",\"datePublished\":\"2026-06-03T00:00:00+00:00\",\"dateModified\":\"2026-06-03T03:29:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/\"},\"wordCount\":238,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1\",\"keywords\":[\"earnings watch\",\"EnterpriseAM\",\"Madinet Masr\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/\",\"name\":\"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-06-03T00:00:00+00:00\",\"dateModified\":\"2026-06-03T03:29:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026\"}]},{\"@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":"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026 - 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\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/","og_locale":"en_US","og_type":"article","og_title":"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026","og_description":"The real estate developer flipped its balance sheet into the black and distributed its first-ever stock dividend during the first quarter of the year","og_url":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2026-06-03T00:00:00+00:00","article_modified_time":"2026-06-03T03:29:08+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026","datePublished":"2026-06-03T00:00:00+00:00","dateModified":"2026-06-03T03:29:08+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/"},"wordCount":238,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1","keywords":["earnings watch","EnterpriseAM","Madinet Masr"],"articleSection":["EARNINGS WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/","url":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/","name":"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1","datePublished":"2026-06-03T00:00:00+00:00","dateModified":"2026-06-03T03:29:08+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/03\/madinet-masrs-bottom-line-dips-14-to-egp-682-5-mn-in-1q-2026\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":609864,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/12\/madinet-masrs-earnings-more-than-double-in-9m-2023-on-record-sales\/","url_meta":{"origin":707383,"position":0},"title":"Madinet Masr\u2019s earnings more than double in 9M 2023 on record sales","author":"enterpriseam admin","date":"12 November 2023","format":false,"excerpt":"The real estate developer is on track for record sales by the year\u2019s end","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/512.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":675353,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/12\/madinet-masr-rameda-report-3q-earnings\/","url_meta":{"origin":707383,"position":1},"title":"Madinet Masr, Rameda report 3Q earnings","author":"enterpriseam admin","date":"12 November 2025","format":false,"excerpt":"Madinet Masr\u2019s bottom line fell 31% in 3Q, while Rameda\u2019s dipped around 21%","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587253,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/24\/madinet-masr-profits-more-than-double-in-1q-2023\/","url_meta":{"origin":707383,"position":2},"title":"Madinet Masr profits more than double in 1Q 2023","author":"enterpriseam admin","date":"24 May 2023","format":false,"excerpt":"EGX-listed real estate developer Madinet Masr reported EGP 304.4 mn in net income in 1Q 2023, up 153% y-o-y,according to its earnings release (pdf). Revenues climbed 24% y-o-y to EGP 1 bn during the period on the back of higher gross contracted sales. Sales values were up even as unit\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1290.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639668,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/13\/madinet-masr-juhayna-orascom-development-report-earnings\/","url_meta":{"origin":707383,"position":3},"title":"Madinet Masr, Juhayna, Orascom Development report earnings","author":"enterpriseam admin","date":"13 August 2024","format":false,"excerpt":"Madinet Masr saw its net income rise 149.4% y-o-y during the first half of the year","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":551270,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/06\/earnings-watch-abu-qir-fertilizers-domty\/","url_meta":{"origin":707383,"position":4},"title":"Earnings watch: Abu Qir Fertilizers, Domty","author":"enterpriseam admin","date":"6 June 2022","format":false,"excerpt":"EARNINGS WATCH-Abu Qir Fertilizers saw its bottom line rise 294.6% y-o-y in 1Q 2022 to reach EGP 3.76 bn, according to the company\u2019s financials (pdf). This comes on the back of increased sales during the quarter, recording a 155.5% y-o-y increase to EGP 5.80 bn.Domty achieved a bottom line of\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":620795,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/27\/madinet-masr-nearly-tripled-its-income-in-1q\/","url_meta":{"origin":707383,"position":5},"title":"Madinet Masr nearly tripled its income in 1Q","author":"enterpriseam admin","date":"27 May 2024","format":false,"excerpt":"The developer saw its gross contracted sales grow more than 8x in the quarter","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2070.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/707383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=707383"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/707383\/revisions"}],"predecessor-version":[{"id":707424,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/707383\/revisions\/707424"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/707370"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/707384"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=707383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=707383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=707383"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=707383"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=707383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}