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SNG: Egypt: Housing and Development Bank posts 60.1% surge in H1 2025 consolidated profits

SNG: Egypt: Housing and Development Bank posts 60.1% surge in H1 2025 consolidated profits

Housing & Development BankAugust 14, 20255
SNG: Egypt: Housing and Development Bank posts 60.1% surge in H1 2025 consolidated profits

About this update from Housing & Development Bank

Staff WriterArab Finance: Housing and Development Bank reported consolidated net income after tax valued at EGP 9.560 billion in the first half (H1) of 2025, an annual surge of 60.1% from EGP 5.971 billion, according to the financial indicators.Basic earnings per share (EPS) increased to EGP 17.96 in H1 2025 from EGP 11.21 in H1 2024, while the interest income hiked by 54.2% to EGP 19.294 billion from EGP 12.514 billion.As for the standalone results, the net interest income after tax hit EGP 8.927 billion at the end of June 2025, up 73.1% year-on-year (YoY) from EGP 5.158 billion.Housing and Development Bank reported non-consolidated interest income worth EGP 19.302 billion in the first six months of 2025, higher by 54.1% YoY than EGP 12.523 billion.Standalone profits per share climbed to EGP 15.07 from EGP 8.52.© 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (Syndigate.info).Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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