Palm Hills developments achieves 55% quarterly sales growth, highest H1 new sales in Egypt
palm Hills Developments 2020 sales
palm Hills Developments has announced EGP 2.7bn worth sales in the second quarter (Q2) of 2020, reflecting 55% quarter-on-quarter (q-o-q) growth, according to the company’s Chairperson and Group CEO Yasseen Mansour.
The latest quarterly figures compare to the EGP 1.7bn the company recorded in Q1 of 2020, with April reporting particularly slow sales.
The growth in sales during Q2 of 2020 was supported by the gradual improvements in home buying transactions. This followed the easing of restrictions and precautionary measures imposed due to the novel coronavirus (COVID-19) pandemic.
Palm Hills developments achieved
In July 2020, Palm Hills developments achieved new sales of EGP 1.2bn, a growth of 204% year-on-year (y-o-y), compared with EGP 410m in July 2019.
Mansour said that the company’s performance has been swiftly improving, mostly since the beginning of June, and is showing further recovery year to date (YTD). This follows the easing of restrictions and precautionary measure previously imposed in relation to the global pandemic.
Palm Hills Alexandria project
“Although April 2020 was a slow month, with only EGP 194m in new sales because of COVID-19, we ended Q2 of 2020 with EGP 2.7bn in new sales, the highest new sales in Egypt during the period,” Mansour said. “During the first half (H1) of 2020, we sold 662 units for EGP 4.4bn, representing a growth of 10% y-o-y, should we remove Palm Hills Alexandria’s Expression of Interest of EGP 2.1bn from H1 of 2019 New Sales.”
Mansour added, “We see liquidity gradually returning to the market, evidenced by our record new sales of EGP 1.2bn in July 2020, which translates to a growth of 204% y-o-y.”
He added that the upcoming securitisation transactions for a gross receivables portfolio with bring in about EGP 1.5bn during Q4 of 2020.
“Our balance sheet remains strong and flexible, and at the end of H1 of 2020, the company’s cash and cash equivalents amounted to EGP 2.0bn, while net debt amounted to EGP 2.0bn,” Mansour said, “Our receivables recorded EGP 21.4bn, covering net debt 10.6 times in H1 of 2020.”
Mansour expects the property market to remain uneven, with key and large developers to out-perform and gain market share. He added that the company is working on reducing its net debt from the current EGP 2.0bn level to EGP1.5bn by year end.
Revenue reached EGP 2.0bn during H1 of 2020, with gross profit amounting to EGP 751m in H1 of 2020, a gross margin of 37%, compared to 40% in H1 of 2019. The company’s net profit after Tax and Minority Interest amounted to EGP277m, implying a net profit margin of 14%.
不知道说啥，开心快乐每一天吧！
cialis vs tadalafil tadalafil purchase online cialis experience reddit
Good post. I learn something totally new and challenging on blogs I stumbleupon on a daily basis. Its always useful to read content from other authors and practice something from their websites.
A motivating discussion is definitely worth comment. Theres no doubt that that you need to write more on this subject matter, it may not be a taboo matter but generally folks dont discuss such subjects. To the next! Kind regards!!
Itís nearly impossible to find educated people in this particular subject, however, you seem like you know what youíre talking about! Thanks
Wonderful blog! I found it while searching on Yahoo News.
Do you have any suggestions on how to get listed
in Yahoo News? I’ve been trying for a while but I never seem to
get there! Appreciate it
I’ve been exploring for a bit for any high quality articles or
blog posts in this kind of house . Exploring in Yahoo I
ultimately stumbled upon this website. Reading this
info So i am satisfied to show that I have a very excellent uncanny feeling I discovered exactly
what I needed. I so much surely will make certain to don?t forget this web site and give it a
glance on a constant basis.
What’s Going down i am new to this, I stumbled upon this I’ve discovered It positively helpful and it has helped me out loads.
I am hoping to give a contribution & aid different customers like its helped me.
Good job.
Thank you for the auspicious writeup. It in fact was a amusement account it.
Look advanced to more added agreeable from you! However,
how could we communicate?
This is very attention-grabbing, You are an excessively skilled blogger.
I have joined your feed and sit up for in search of extra of your magnificent post.
Also, I have shared your site in my social networks
Hi there, just wanted to tell you, I loved this post.
It was inspiring. Keep on posting!
It’s perfect time to make some plans for the future and it’s time to be happy.
I’ve read this post and if I could I desire to suggest you few interesting things or advice.
Maybe you can write next articles referring to this
article. I wish to read even more things about it!
What’s Happening i am new to this, I stumbled upon this I have
discovered It absolutely helpful and it has helped me out loads.
I am hoping to give a contribution & aid different customers like its aided me.
Good job.
These are in fact wonderful ideas in concerning blogging. You have touched some
pleasant points here. Any way keep up wrinting.
Thx
These are actually fantastic ideas in concerning blogging.
You have touched some nice factors here. Any way keep up wrinting.
Hello I am so grateful I found your weblog, I really found you by accident, while I was researching on Bing for something else, Anyhow I am here now and would just like to say thanks a lot for a incredible post and a all round exciting blog (I also love the theme/design), I don’t have time to look over it all at the moment but I have saved it and also added your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the awesome work.
1″‘`–
1
I think the problem for me is the energistically benchmark focused growth strategies via superior supply chains. Compellingly reintermediate mission-critical potentialities whereas cross functional scenarios. Phosfluorescently re-engineer distributed processes without standardized supply chains. Quickly initiate efficient initiatives without wireless web services. Interactively underwhelm turnkey initiatives before high-payoff relationships. Matt Mccleery
I think the problem for me is the energistically benchmark focused growth strategies via superior supply chains. Compellingly reintermediate mission-critical potentialities whereas cross functional scenarios. Phosfluorescently re-engineer distributed processes without standardized supply chains. Quickly initiate efficient initiatives without wireless web services. Interactively underwhelm turnkey initiatives before high-payoff relationships. Harold Steltenpohl
Good to see you Jacqueline was thinking of you the other day. Soulful poem beautiful fits the times perfectly and living in an arid desert can be so arduous. Life is not all sunshine and butterflies I wish it were but life is very challenging to say the least. It is all sunshine here only because it is desert and there is no reprieve. Bless you Tyrone Abdi
I want to get across my passion for your kindness for those people who really need help on your field. Your personal dedication to passing the solution across was particularly productive and has constantly permitted women just like me to get to their ambitions. The insightful help and advice signifies a whole lot to me and even more to my mates. Best wishes; from everyone of us. Sherman Peasant
Covid salgını yüzüne sokaklar bomboş insanlar karantinadadır. Bu sessizlikte ruhlar özgürce dolaşabilmektedir. Bunlardan bazıları iyi niyetli bazıları ise kötü niyetlidir. Seri katilin birinin ruhu genç bir kadına musallat olmuştur. Dedektifler ve uzmanlar bu kötülükten insanları koruyabilecek mi? Burt Desousa
nWJASbGcPg
yqUGEfZskWD
Türkçe Dublaj 1080p kalitesinde full hd film izleme sitesi. Türkçe dublaj filmlerimiz 1080p kalitesinde sizlerle. En hızlı serverlarda yüklü vaziyette. Wm Cheatum
gdzie mozna kupic prawo jazdy z wpisem do rejestru, kupić prawo jazdy, legalne prawo jazdy do kupienia, kupię prawo jazdy, jak załatwić prawo jazdy, bez egzaminu, jak kupić prawo jazdy, czy można kupić prawo jazdy, legalne prawo jazdy do kupienia 2024, pomogę zdać egzamin na prawo jazdy, prawo jazdy bez egzaminu, gdzie kupić prawo jazdy bez egzaminu, gdzie kupić prawo jazdy na lewo, jak kupić prawo jazdy w niemczech, gdzie kupic prawo jazdy legalnie, kupić prawo jazdy b
kjnb
Thank you for every other informative site.
The place else could I am getting that type of info written in such an ideal means?
I have a challenge that I am just now running on, and I have been on the look out for such
information.
Today, I went to the beach with my children. I found a sea
shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She
placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her
ear. She never wants to go back! LoL I know this is completely off
topic but I had to tell someone!
Whoa, I did not ever thought about it in that way before.
You’ve given me a new perspective.
Also visit my website: e transfer payday loans ontario
I got this site from my pal who informed me regarding this web page and at the moment this time I am
browsing this website and reading very informative articles here.
AMjKdZrbkm
This is really interesting, You’re an overly skilled blogger.
I’ve joined your feed and stay up for in quest of extra of your great post.
Additionally, I’ve shared your web site in my social networks
Great post! We will be linking to this great post on our website.
Keep up the good writing.
Hello! Do you know if they make any plugins to protect against hackers?
I’m kinda paranoid about losing everything I’ve worked hard on. Any tips?
I got this web site from my buddy who shared with me
regarding this web site and now this time I am visiting this site and reading very
informative posts at this place.
Geçmişinden kurtulamayan yetenekli bir şarkıcı, kariyerinde hızla yükselirken başarı baskısı, annesinin küçümseyici tavırları ve kendinden şüphe eden iç sesiyle mücadele eder. Von Dornfeld
Wow, that’s what I was searching for, what a stuff! present here at
this web site, thanks admin of this web page.
Hi! Someone in my Myspace group shared this
site with us so I came to give it a look. I’m definitely loving
the information. I’m book-marking and will be tweeting this to my followers!
Outstanding blog and great style and design.
My developer is trying to persuade me to move to .net from PHP.
I have always disliked the idea because of the costs.
But he’s tryiong none the less. I’ve been using Movable-type on numerous websites for
about a year and am nervous about switching to another platform.
I have heard good things about blogengine.net. Is there a way I can import all my wordpress posts into it?
Any kind of help would be really appreciated!
There is noticeably a bunch to realize about this. I consider you made certain nice points in features also.
Bir polis memuru olan An’ın ailesi cinayete kurban gitmiştir. An, bir gün intikam alacağına yemin etmiştir. Gizli bir polis olan Kien ise An’a her konuda destek olacak ve intikam yolculuğunda yanında bulunacaktır. Kanunsuz Savaş – Truy Sat izle Andres Coulbourne
Birbirine sarılmış iki sevgilinin bin parçaya bölünen resmi… Haraketli ve hüzünlü bir hikaye. Clifford Auslam
Batman ve Beetlejuiceun yönetmeni Tim Burton’dan son derece sıradışı bir karakter üzerine unutulmaz bir masal Myles Buechler
Adam Sandler ‘in başröllerinde oynadığı film 2010 yılında yapılan filmin devamı olarak izleyicileri güldürmeden duramıyor. Filmde yıllar sonra bir araya gelme fırsatı bulan arkdaşların hikayesini anlatıyor Sol Declark
Amerika’nın en ünlü kanun kaçağı hakkında sayısız kitap yazıldı, hikayeler anlatıldı; bu renkli ve büyüleyici öykülerin hepsi James’in halk arasındaki efsanevi kimliğine, cesur maceralarına odaklandı ve çoğu da nadiren gerçek şeylere değindi. Delbert Norquest
Ailesinin öldürülmesinden sonra kiralık katil olan Malone bir teslimat sırasında çıkan kanlı çatışmadan sağ kurtulur. Teslimattaki çantayı açar ve kendisine tuzak kuranların peşine düşer… Çantada akılalmaz bir sır gizlidir, artık mafya ve haydutlarla daha çok vakit geçirmek zorundadır… Federico Summar
Shishikari, zamanın gerisinde kalan uzakta bir adadır. Ada, azalan bir nüfus ve azalan endüstrilerden muzdariptir. Keita Izumi (Tatsuya Fujiwara), Shishikari Adası’nda siyah incir üretmeye başlar. İyi karşılanan ürünü nedeniyle ada, hükümetin kırsal ekonomiyi canlandırma politikasının bir parçası olan 5 milyar yeni almaya yakındır. Ada sakinleri heyecanlıdır ancak bu durum Mutsuo Komisaka’nın ortaya çıkmasıyla değişir. Rashad Whitbeck
TwGAjbaVoLQsHNi
CuqAnULBSKYh
xzfAayLb
guHQPTXIbcZy
Hi there to all, how is everything, I think every one is getting more from this site, and your views are
pleasant in support of new people.
Ahaa, its nice dialogue regarding this article at this place at this weblog, I have read all that, so
at this time me also commenting here.
I know this web page provides quality based posts and other data, is
there any other web page which offers these kinds of things in quality?
yabani hayvanlardan korunma ürünleri
I pay a quick visit every day a few web pages and blogs
to read content, except this web site presents quality based content.
Hi there i am kavin, its my first occasion to commenting anywhere, when i read this piece
of writing i thought i could also make comment due to this sensible post.
Queenpins, kendi senaryolarından karı koca Aron Gaudet ve Gita Pullapilly tarafından yönetilecek. Film için, ABD tarihindeki en büyük sahte kupon dolandırıcılığının gerçek hikayesinden esinlenildi. Bell ve Jones banliyöde yaşayan ev kadınları ve en iyi iki arkadaşı oynayacak. İkili, kupon taklit etme ve biraz para kazanma yolundayken planları daha tehlikeli hale gelecek ve macera, tamamen 40 milyon dolarlık bir suç yolculuğuna dönüşecek. Emilio Sobiech
I quite like reading through an article that can make
men and women think. Also, many thanks for allowing for me
to comment!
Thank you for another fantastic post. The place else may anyone get that kind of
info in such a perfect manner of writing? I’ve a presentation next week,
and I’m on the search for such information.
It’s remarkable to go to see this website and reading the views of all friends concerning this article, while I am also keen of getting knowledge.
ngkBwGQr
Hi! This post could not be written any better! Reading this post reminds me of my good old room mate!
He always kept talking about this. I will forward this
post to him. Pretty sure he will have a good read.
Thanks for sharing!
comprar carnet de conducir dgt, compra de carnet de conducir, comprar un carnet de conducir, comprar carnet de conducir, compra de puntos del carnet de conducir, comprar carnet de conducir legal sin examen, se puede comprar el carnet de conducir, se pueden comprar puntos del carnet de conducir, comprar libro carnet de conducir, comprar carnet am, como comprar puntos del carnet de conducir, comprar carnet de conducir en portugal, comprar carnet de conducir en rumania, comprar licencia de taxi en madrid, comprar licencia de taxi barcelona, comprar licencia de estanco, comprar coche 0 km
kjb
sportbootführerschein binnen und see, sportbootführerschein binnen prüfungsfragen, sportbootführerschein binnen kosten, sportbootführerschein binnen online, sporthochseeschifferschein kaufen, sportbootführerschein binnen berlin, sportbootführerschein binnen segel, sportbootführerschein kaufen, sportseeschifferschein kaufen erfahrungen, sportküstenschifferschein kaufen schwarz, sportbootführerschein see kaufen, sportbootführerschein binnen kaufen, sportbootführerschein see kaufen ohne prüfung, bootsführerschein kaufen, bootsführerschein kaufen polen, bootsführerschein kaufen erfahrungen, bootsführerschein online kaufen, bootsführerschein tschechien kaufen, SSS kaufen, SKS kaufen, SHS kaufen
lkmn
Kopen een echt en geregistreerd rijbewijs van onze website zonder examens te schrijven of de oefentest te doen. alles wat we nodig hebben zijn uw gegevens en deze zouden binnen de komende acht dagen in het systeem worden geregistreerd. rijbewijs kopen belgië, rijbewijs kopen belgie, rijbewijs kopen in nederland, rijbewijs b belgie, rijbewijs kopen met registratie.
kjb
lkw führerschein kaufen legal, führerschein kaufen ohne vorkasse, registrierten führerschein kaufen erfahrungen, führerschein kaufen Erfahrungen, führerschein kaufen ohne prüfung Köln, führerschein kaufen österreich, führerschein kaufen ohne prüfung österreich, führerschein kaufen ohne prüfung österreich, führerschein kaufen in österreich, führerschein kaufen Frankfurt, führerschein kaufen schweiz.
lkn
e legale comprare la patente, comprare una patente napoli, patente originale, comprare patente c, acquisto patente b, comprare patente prezzo, compro patente, acquistare patente b napoli, dove posso comprare la patente b, compra patente online, comprare patente b online, comprare la patente a napoli, dove si può comprare la patente, quanto costa comprare la patente, comprare patente di guida, comprare patente senza esame, patente comprata prezzo, come comprare patente b napoli, comprare patente a, patente online comprare, quanto costa la patente a napoli, patente Nautica.
kjmn
ADR Schein kaufen. ADR Schein und Führerschein beim TÜV/KBA ohne Prüfungen kaufen innerhalb von 6 Werktagen mit 100% Garantie.
lkmn