Cairo for Housing and Development Company reported a dramatic plunge in its consolidated net profits for the first nine months of 2025, tumbling 94% to EGP 66.82 million from EGP 1.16 billion a year earlier. Earnings per share (EPS) mirrored the steep drop, falling to EGP 0.06 from EGP 1.30.
Despite the profit slump, the company’s consolidated revenues climbed to EGP 399.51 million in January-September 2025, up from EGP 319.90 million in the same period of 2024. Total assets also edged higher, reaching EGP 8.37 billion at the end of September compared with EGP 8.24 billion at the close of 2024.
Standalone Numbers Reflect Sharp Declines
On a standalone basis, net profits fell sharply to EGP 21.94 million from EGP 1.18 billion, with EPS contracting to EGP 0.01 from EGP 1.16. Standalone revenues, however, posted growth, rising to EGP 399.51 million from EGP 306.67 million, while total assets increased to EGP 7.40 billion from EGP 7.25 billion.
Quarterly Performance Shows Positive Signs
The third quarter of 2025 offered a more encouraging picture. Consolidated net profits rose to EGP 32.45 million, up from EGP 15.34 million year-on-year, with revenues inching higher to EGP 131.91 million and EPS reaching EGP 0.03.
Standalone Q3 results also improved, with net profits climbing to EGP 4.51 million from EGP 1.58 million. Revenues rose to EGP 131.91 million, and EPS ticked up to EGP 0.004.
While Cairo Housing’s full-year numbers reveal a painful earnings collapse, the quarterly uptick hints at potential stabilization in the months ahead.
