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Madinet Nasr for Housing and Development SAE (MNHD.CA)

MNHD.CA on The Egyptian Exchange

2.98EGP
28 Jul 2020
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£0.06 (+2.05%)
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Latest Key Developments (Source: Significant Developments)

Egypt's Medinet Nasr H1 Consol Profit Falls
Tuesday, 4 Aug 2020 

Aug 4 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::H1 CONSOL NET PROFIT AFTER TAX EGP 484.7 MILLION VERSUS EGP 515.7 MILLION YEAR AGO.H1 CONSOL SALES EGP 1.31 BILLION VERSUS EGP 1.09 BILLION YEAR AGO.  Full Article

Egypt's Madinet Nasr Reports H1 Pre-sales Of EGP 3.8 Bln
Wednesday, 8 Jul 2020 

July 8 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT SAE ::REPORTS ROBUST PRE-SALES s (CONTRACTED SALES + RESERVATIONS)FOR H1, 2020 OF EGP 3.8 BILLION — 83% Y-O-Y INCREASE.PRE-SALES MAINLY DRIVEN BY STRONG DEMAND IN SARAI AS WELL AS LAND PLOT SOLD IN Q1 FOR EGP 1.15 BILLION.  Full Article

Egypt's Medinet Nasr Q1 Consol Profit Rises
Thursday, 21 May 2020 

May 21 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::Q1 CONSOL NET PROFIT AFTER TAX EGP 380.1 MILLION VERSUS EGP 332.3 MILLION YEAR AGO.Q1 SALES EGP 914.9 MILLION VERSUS EGP 634.2 MILLION YEAR AGO.  Full Article

Egypt's Madinet Nasr Board Approves Purchase Of Upto 2% Treasury Shares
Wednesday, 11 Mar 2020 

March 11 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT SAE ::BOARD APPROVES TO BUY TREASURY SHARES OF UPTO 2% OF TOTAL SHARES.TO BUY TREASURY SHARES DURING A PERIOD OF 3 MONTHS.  Full Article

Madinet Nasr Targets FY Sales And Bookings Of Upto EGP 7.5 Bln
Monday, 9 Mar 2020 

March 9 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT SAE ::EXPECTS TO PUMP ABOUT EGP 7 BILLION IN SARAI PROJECT.EXPECTS TO PUMP ABOUT EGP 5 BILLION IN TAJ CITY PROJECT.EXPECTS TO PUMP INVESTMENTS IN SARAI AND TAJ CITY PROJECTS DURING 3 YEARS STARTING FROM 2020.TARGETS SALES AND BOOKINGS OF UPTO EGP 7.5 BILLION IN CURRENT YEAR.  Full Article

Egypt's Medinet Nasr FY Consol Profit Falls
Monday, 3 Feb 2020 

Feb 3 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::FY CONSOL NET PROFIT AFTER TAX EGP 1 BILLION VERSUS EGP 1.11 BILLION YEAR AGO.FY CONSOL REVENUE EGP 2.20 BILLION VERSUS EGP 2.78 BILLION YEAR AGO.BOARD PROPOSES FY CASH DIVIDEND OF EGP 0.45 PER SHARE.  Full Article

Egypt's Madinet Nasr 2019 Pre-Sales Up 15%
Thursday, 9 Jan 2020 

Jan 9 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::PRE-SALES CONTRACTS AND RESERVATIONS FOR 2019 REACH EGP 6.3 BILLION, UP 15% OVER LAST YEAR .  Full Article

Egypt's Medinet Nasr Board Approves to develop land Adjacent To Taj City
Wednesday, 11 Dec 2019 

Dec 11 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::BOARD APPROVES CONTRACT TO DEVELOP LAND ON PARTNERSHIP ADJACENT TO TAJ CITY.BOARD APPROVES CREDIT FACILITY FROM THE UNITED BANK FOR A VALUE OF EGP 150 MILLION.  Full Article

Medinet Nasr 9-Month Consol Profit Falls
Wednesday, 13 Nov 2019 

Nov 13 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::NINE-MONTH CONSOL NET PROFIT EGP 631 MILLION VERSUS EGP 869.1 MILLION YEAR AGO.Q3 CONSOL NET PROFIT EGP 115.3 MILLION VERSUS EGP 257.3 MILLION YEAR AGO.Q3 CONSOL TOTAL REVENUE EGP 350.3 MILLION VERSUS EGP 792.9 MILLION YEAR AGO.  Full Article

Madinet Nasr Board Accepts Offer From Total Egypt To Rent A Land
Monday, 4 Nov 2019 

Nov 4 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT SAE ::BOARD ACCEPTS AN OFFER FROM TOTAL EGYPT TO RENT A LAND PLOT IN SARAI ON EL AMAL ROAD.OFFER FROM TOTAL EGYPT TO RENT LAND PLOT FOR A PERIOD OF 25 YEARS.TOTAL EGYPT WILL BUILD, OPERATE SERVICE STATION WITH ITS ANCHOR CONVENIENT STORE CONCEPT "BONJOUR" AMONG OTHER SERVICES.DEAL IS PENDING CONTRACT SIGNING AMONG OTHER LEGAL STEPS.  Full Article