24 Hrs
Source:
بوابة الفجر
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Source: بوابة الفجر
24 Hrsبوابة الفجر
Source: بوابة الفجر
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Madin Misr Company achieved significant growth in its sales and revenues during the first half of 2026. The value of new sales reached 28.4 billion Egyptian pounds, representing an 18.7% increase compared to the same period last year. There was an even larger increase in delivery units, rising by 70.9% to reach 2,971 units. Additionally, the number of delivered units doubled to 1,200, more than twice the deliveries in the first half of 2025, which supported a 187.8% rise in revenue from deliveries, totaling 2.5 billion pounds. The company continued to invest heavily in construction and infrastructure, awarding contractor contracts worth 5.7 billion pounds. It also showed an improvement in its debt position, ending June 2026 with a net cash balance of 163.3 million pounds. The company maintained a diversified portfolio through non-residential projects and assets across multiple categories, reflecting its ability to achieve sustainable growth and create value for shareholders.
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