Madinet Masr contracted sales increase nearly four-folds year-on-year to EGP 20.9 billion and net profit crosses the EGP 1 billion mark, driven by new project launches and a robust strategy.
Madinet Masr concludes a historic year as gross contracted sales and net profit nearly triple year-on-year, showcasing the success of new project launches and robust strategic approach.
During 1H 2023 ODE recorded a total revenue of EGP 6.2 billion, up 62.2% y-o-y
Madinet Masr, one of Egypt’s leading urban community developers, announced on 22 May 2023 its standalone financial results for the quarter ended 31 March 2023