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The Company’s Earnings Release (pdf).pdf

CIRA-Earnings-1Q19-E-8.pdf

Preview of the company’s earnings release (pdf)

🔗 Source: resources.inktankir.com

📊 Size: 405 KB

👤 Author: Amr Aref

⬇️ Downloads: 73

Summary

Cairo for Investment and Real Estate Development announced its 1Q2019 results, posting revenues of EGP 200.9 million, up 31% year-on-year, and net profit of EGP 74.3 million, up 39% year-on-year. Adjusted EBITDA stood at EGP 105.7 million, representing a 29% year-on-year expansion. The company's K-12 segment saw a 13% year-on-year increase in students to 24,233, while its higher education segment saw a 42% year-on-year increase in students to 7,850. CIRA plans to deploy EGP 1.1 billion in investments over the next three to five years and is expanding its presence in Egypt, including a new university in Assiut.

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Description

Cairo for Investment and Real Estate Development announced its 1Q2019 results, posting revenues of EGP 200.9 million, up 31% year-on-year, and net profit of...

Technical Information

File Format: PDF
File Size: 405 KB
Pages: 9
Language: EN
Author: Amr Aref
Total Downloads: 73
Last Updated: 1 week ago

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