Egyptian property developer Madinet Masr reports 14.6% y/y drop in Q1 profit to $12.96mn

By bna Cairo bureau May 25, 2026

Egyptian property developer Madinet Masr (EGP: MNHD) reported a 14.6% year-on-year (y/y) decline in net profit during Q1 2026, with earnings falling to approximately EGP 677.7mn ($12.96mn) from EGP ...


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