Palm Hills Developments Reports 42% Revenue Growth and 50% Net Profit Increase in First Nine Months of 2025

Palm Hills Developments S.A.E, a leading real estate developer in Egypt, announced its financial and operational results for the period ending September 30, 2025, achieving significant growth across all performance indicators.

The company reported revenues of EGP 25.5 billion for the first nine months of 2025, marking a 42% increase compared to the same period in 2024. Net profit after tax and minority interest rose to EGP 3.58 billion, up 50%, with a net profit margin of 14%.

New sales reached EGP 182 billion, reflecting a 40% year-on-year growth, while gross profit increased by 63% to EGP 10.4 billion, expanding the gross margin from 36% to 41%. Cash collections from receivables and new sales rose 40% to EGP 26 billion during the same period.

Yassin Mansour, CEO of Palm Hills, commented: “The company demonstrated exceptional growth momentum in the first nine months of 2025, maintaining record-high figures across all business areas. This outstanding performance was largely driven by strong sales across all regions, reflecting Palm Hills’ market strength. Based on robust sales and accumulated projects, the company delivered strong financial results, with revenues and net profits of EGP 25.5 billion and EGP 3.58 billion, growing 42% and 50% year-on-year, respectively.”

By September 30, 2025, the company’s backlog of unrecognized sales reached EGP 225 billion, compared to EGP 110 billion in the same period of 2024, highlighting sustained demand for Palm Hills’ projects and supporting positive performance expectations for the remainder of 2025 and early 2026.

The company confirmed that its strategy focuses on expanding and developing its existing portfolio and newly acquired lands in Egypt and the UAE, enhancing project value while maintaining sustainable growth and strong financial performance.