Cairo - Mubasher: The net profits after tax and minority interest of Palm Hills Developments Company increased by 30% to EGP 4.21 billion in 2025 from EGP 3.25 billion in 2024, according to the financial results.
The revenues amounted to EGP 36.16 billion last year, up 33% from EGP 27.16 billion in 2024, backed by new sales growth and backlog recognition across all projects.
Likewise, the earnings per share (EPS) climbed to EGP 1.46 at the end of December 2025 from EGP 1.12 a year earlier. Total assets increased to EGP 172.12 billion from EGP 123.43 billion.
As of 31 December 2025, total backlog reached EGP 240 billion, versus EGP 147 billion in 2024, providing strong revenue visibility over the coming years.
Quarterly Results
In the fourth quarter (Q4) of 2025, the net profits declined by 26% year-on-year (YoY) to EGP 674 million from EGP 914 million. Meanwhile, the revenues grew by 15% to EGP 10.61 billion from EGP 9.20 billion.
Yasseen Mansour, Executive Chairman of Palm Hills, comments: “The year marked a defining chapter for Palm Hills Developments, as we successfully replenished our land bank, entered new markets, expanded our geographic footprint, and delivered exceptional growth momentum.”
“Driven by our strong conviction in Palm Hills’ value and our commitment to enhancing shareholders’ returns, the Board of Directors has approved a share buyback of up to 3% of the company’s outstanding shares over the next 12 months,” Mansour added.
He noted: “Our strategic priorities continue to focus on unlocking value from our existing portfolio while advancing the development of our newly acquired land bank across Egypt and the UAE. These projects, set to launch as planned, will further support our growth trajectory and long-term shareholder value creation.”
During the 17 March meeting, the board members also approved granting a supporting loan to the subsidiary company not exceeding EGP 35 million for a period of five years under the announced conditions.
Last December, the shareholders passed agreements with Abu Dhabi-based Palm Hills Development Holding Limited (ADGM) for licensing the use of the trademark in marketing and sales in the UAE.
During the first nine months (9M) of 2025, Palm Hills registered consolidated net profits after tax and minority interest valued at EGP 3.54 billion, an annual rise from EGP 2.35 billion.
