Egypt: Emaar Misr Posts 49% Lower Consolidated Profits in H1 25

The consolidated net profits after tax of Emaar Misr for Development reached EGP 3.91 billion in the first half (H1) of 2025, an annual shrink of 48.80% from EGP 7.64 billion.

Revenues amounted to EGP 9.29 billion in H1-25, reflecting a year-on-year (YoY) leap from EGP 5.60 billion, according to the financial statements.

Basic and diluted earnings per share (EPS) retreated to EGP 0.67 in H1-25 from EGP 1.64 in the same period of 2024.

Standalone Results

Emaar Misr posted lower non-consolidated net profits after tax at EGP 3.94 billion as of 30 June 2025, compared to EGP 7.50 billion in H1-24.

Non-consolidated basic and diluted EPS stood at EGP 0.68 in H1-25, down YoY from EGP 1.61.

Financials for Q2

During the second quarter (Q2) of 2025, the EGX-listed company reported EGP 587.52 million in consolidated net profits after tax, versus EGP 1.91 billion in Q2-24. Revenues declined to EGP 3.44 billion from EGP 4.03 billion.

Meanwhile, the company’s standalone net profits after tax hit EGP 774.57 million in April-June 2025, marking a YoY decline from EGP 1.88 billion.

As of 31 March 2024, Emaar Misr logged consolidated net profit after tax worth EGP 3.32 billion, against EGP 5.73 billion in Q1-24.