Madinet Masr's bottom line dips 14% to EGP 682.5 mn in 1Q 2026
Summary
Madinet Masr reported a 14.1% drop in net profit to EGP 682.5 million in Q1 2026. Revenue rose 7.4% as the company increased construction activity and deliveries. New sales softened, while average selling prices came under pressure from demand for more affordable housing. The company also improved collections, moved to net liquidity, and expanded its service ecosystem through new subsidiaries.
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industries
Hospitality
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Enterprise Software
SaaS
Media Technology
Linked Companies
Doors Media Technology AB
$1M to $5M