SNG: Egypt: Orascom Development’s consolidated profits rise 122.43% YoY in 9 months

About this update from Orascom Development Egypt (s.a.e)

Staff WriterArab Finance: Orascom Development Egypt posted a 122.43% year-on-year (YoY) rise in its consolidated net profits after minority interest, recording EGP 4.083 billion during the first nine months of 2025, compared to EGP 1.835 billion, according to the company’s financial statements filed to the Egyptian Exchange (EGX) on November 12th.Revenues reached EGP 17.242 billion during the January-September period of this year, up from EGP 15.455 billion during the first nine months of last year.In terms of standalone business, the firm’s net profits after tax plunged to EGP 3.605 billion, compared to EGP 296.358 million.ODE, the largest subsidiary of Orascom Development Holding (ODH), is a developer of resort towns, residential units, hotels, and recreational facilities such as golf courses, town centers, and marinas, in addition to supporting infrastructures, such as hospitals, schools, and utilities. © 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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