Cairo – Mubasher: Bonyan for Development and Trade reported strong results in the third quarter (Q3) of 2025, driven by a growth in gross asset value (GAV) reaching EGP 17.40 billion.
The company witnessed a 27% growth in rental revenues, with the net profit margin remaining robust at 67%, according to the financial results.
Net profits hiked by 206.50% year-on-year (YoY) to EGP 779.30 million in July-September 2025 from EGP 254.20 million, while the revenues dropped by 26.90% to EGP 218.80 million from EGP 299.40 million.
In the first nine months (9M) of 2025, Bonyan logged net profits amounting to EGP 1.80 billion, up 0.80% YoY from EGP 1.79 billion.
Total revenues hit EGP 598.10 million at the end of September 2025, lower by 9.50% than EGP 660.70 million in 9M-24.
Tarek Abdelrahman, CEO of Bonyan, commented: “The Q3-25 marks a pivotal phase in Bonyan’s growth journey, highlighted by the successful delivery of our ninth asset, Golden Gate Building A5 and the completion of an EGP 250 million capital increase.”
“Bonyan continues to operate as Egypt’s leading Real Estate Investment Company, owning and managing a portfolio of premium Grade-A commercial assets strategically located across Greater Cairo,” Abdelrahman mentioned.
He said: “Looking ahead, we expect 2026 to mark another year of strong rental growth, driven by revenues from our Park Street West and Golden Gate assets in addition to our renewal of expiring lease contracts to current market rates.”
The CEO affirmed: “This, coupled with our robust balance sheet and low leverage positions Bonyan to continue scaling its portfolio, enhancing recurring income, and delivering sustainable long-term value to shareholders.”
In the first half (H1) of 2025, the EGX-listed firm generated profits after tax worth EGP 1.02 billion.
