Holding Company Targets 357B Revenue
The news from the Holding Company for Construction and Development focused on its target to achieve revenues of 35.7 billion Egyptian pounds during the fiscal year 2026-2027, representing a 29% increase compared to 2024-2025. It also anticipates a net profit of 5.9 billion pounds, an increase of 57%. The strategy includes improving performance through restructuring, maximizing asset utilization, developing governance systems, and continuing international expansion through projects in Egypt and abroad, especially in African and Arab markets. Additionally, the company aims to increase private sector participation and diversify sources of growth, ongoing real estate and infrastructure projects, and factory developments, all as part of its efforts to strengthen its role in supporting economic and urban development. The company also plans to participate in the government offerings program on the Egyptian stock exchange.
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