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Porto Group Holding (PORT)

Last update: 4 June 02:29 PM market time.
0.45
0.01
1.79%
Open 0.45
Previous Close 0.45
High 0.46
Low 0.44
Stock Statistics
Volume 10,233,941
Turnover 4,634,120.00
All data are 15 minutes late during market session

News

Ayman Mokhtar Ibrahim Khalifa was named deputy chairman
13 April 05:42 PM Porto Group Holding names new chairman
Cairo – Mubasher: Porto Group Holding announced the resignation of its chairman and managing director Mohamed Sayed Mohamed Abdul Raziq. The company’s board of directors approved the appointment of Gamal Fawzi Mohamed Fathallah as the new chairman …
Revenues grew to EGP 1.73 billion in 2019
13 April 12:39 PM Porto Group Holding’s profit falls 12% in 2019; bonus proposed
Cairo – Mubasher: The consolidated financial statements of Porto Group Holding posted a 12.4% year-on-year (YoY) decrease in its net profits during 2019. The company’s net profits retreated to EGP 116.88 million last year from EGP 133.58 million …
The transaction included the sale of 50.15 million shares
11 March 10:54 AM Mansour Amer sells almost entire stake in Porto Group
Cairo – Mubasher: Sol Global Holding owned by Mansour Amer sold nearly its entire stake in Porto Group Holding. The transaction included the sale of 50.15 million shares or 5% of the company’s share capital for a value of EGP 28.136 million, …
The project is situated over 77 feddans
17 December 2019 04:13 PM Porto Group launches EGP 4.5bn residential project in West Assiut
By: Abdullah Bedeir Cairo – Mubasher: Porto Group Holding has launched Porto Assiut in Nasser City, located in West Assiut, with total investments of EGP 4.5 billion. Situated over 77 feddans (about 324,000 square metres), the project is expected …
The plot is subject to pricing
4 December 2019 00:35 PM Porto Group to buy 30-feddan land in New Sohag
By: Abdullah Bedeir Cairo – Mubasher: Porto Group Holding has submitted an offer to buy a 30-feddan plot of land near Sohag University, head of the New Sohag Development Authority, Ragab Salman, told Mubasher. Porto Group is planning to launch an …
The company’s revenues declined to EGP 1.26 billion
17 November 2019 11:15 AM Porto Group Holding’s profit dips 21% in 9M
Cairo – Mubasher: The consolidated financial statement of Porto Group Holding showed a 21% year-on-year retreat in its net profits during the first nine months of 2019. Net profits dipped to EGP 91.3 million in the nine-month period ended 30 …
The land is valued at EGP 765 per square metre
12 September 2019 10:31 AM Porto Group Holding buys EGP 247m land plot in West Assiut
By: Abdullah Bedeir Cairo – Mubasher: Porto Group Holding has obtained a land plot over an area of 77 acres in West Assiut through direct allocation mechanism to build an urban residential project, head of Nasser City Authority, Yasser Abdullah …
The land spans over an area of 323,000 square metres
11 September 2019 01:45 PM Porto Group Holding buys land in Assiut for EGP 3bn project
Cairo – Mubasher: Porto Group Holding announced that its subsidiary Porto Assiut Tourism Development signed a contract with the Egyptian New Urban Communities Authority (NUCA) to purchase a land in Upper Egypt. The investment cost of the project …
The total value of the deal amounted to EGP 63.4 million
1 September 2019 03:20 PM Sol Global Holding lowers stake in Porto Group to 20%
Cairo – Mubasher: EFG Hermes said that Sol Global Holding Ltd has cut its stake in Porto Group Holding to 20.23% from 29%. Sol Global Holding Ltd sold about 88.05 million shares, Porto Group Holding said in a statement to the Egyptian Exchange …
Sol Global Holding Ltd sold about 54.84 million shares
28 August 2019 10:42 AM Sol Global Holding cuts stake in Port Group for EGP 41m
Cairo – Mubasher: EFG Hermes announced that Sol Global Holding Ltd has reduced its stake in Porto Group Holding to 29.009% from 34.47% through two sale transactions.  Sol Global Holding Ltd sold about 54.84 million shares valued at EGP 41 million, …
Revenues fell to EGP 676 million
21 August 2019 11:10 AM Porto Group Holding logs EGP 80m profit in H1-19
Cairo – Mubasher: Porto Group Holding posted a 51% year-on-year profit growth during the first half of 2019. Net profits surged to EGP 80 million during the January-June period of 2019, compared to EGP 53.06 million in the corresponding period a …
The project will comprise 3,000 residential units and 500 villas
24 July 2019 01:40 PM Porto Group set to launch Golf Porto Cairo in Mostakbal City
Cairo – Mubasher: Porto Group Holding plans to launch Golf Porto Cairo project in Mostakbal City. Spanning over 151 feddans, the project will be located in Mostakbal City’s fourth phase, neighboring the New Administrative Capital (NAC) and …
Talaat Moustafa Group Holding recorded revenues of EGP 2.24 billion
4 July 2019 04:54 PM EGX-listed real estate firms post EGP 6.6bn revenues in Q1
By: Abdullah Bedeir Cairo – Mubasher: Revenues of real estate companies listed on the Egyptian Exchange (EGX) grew by 5.49% year-on-year during the first quarter of 2019, according to statistics conducted by Mubasher. From January to March, …
Porto Group logged a net profit of EGP 59.59 million in Q1-19
27 June 2019 04:17 PM Porto Group takes procedures to claim $39.9m from Antaradus
Cairo – Mubasher: Porto Group Holding on Thursday announced that its subsidiary Amer Syria has started taking legal procedures to claim compensation according to a ruling issued in Syria, the company said in a filing to the Egyptian Exchange …
Net profits amounted to EGP 59.59 million
14 May 2019 00:30 PM Porto Group’s profit rises 31% in Q1
Cairo – Mubasher: Porto Group Holding reported a 30.9% year-on-year increase in its consolidated profits during the first quarter of 2019. The real estate developer’s net profits amounted to EGP 59.59 million in the three-month period ended 31 …
Porto Group and Amer Group announced split-up in 2015
21 April 2019 03:04 PM Amer Group, Porto Group unveil projects’ progress after split-up
Cairo – Mubasher: Porto Group Holding and Amer Group Holding Co have mentioned the latest updates pertaining to their projects after split-up in 2015. The two firms’ subsidiaries reached 11 in 2015 and 2016, while they totaled 12 and 13 in 2017 …
Sarwa Capital to issue financing bonds for Porto Group
25 March 2019 11:52 AM Sarwa Capital to issue financing bonds for Porto Group
Cairo – Mubasher: Porto Group Holding’s board of directors has assigned Sarwa Capital Holding for Financial Investments to consider bonds issuance to finance the group’s projects. Abdel Mohsen Mahmoud, Tamer Saleh, and Mohammed Abdel Gabar Keshk …
Both firms will take the required measures to allocate their dues and implement the ruling
18 March 2019 00:30 PM Porto Group, Amer Group to get $39.9m payment after court ruling
Cairo – Mubasher: Porto Group Holding and Amer group Holding on Monday announced that the final arbitral ruling of Antaradus for Touristic Development’s lawsuit has been issued. Upon the ruling Amer Syria Company and Amer Holding will be …
Amer Group revealed that its board of directors had decided to voluntarily delist its shares from the EGX.
3 March 2019 03:50 PM Egypt’s FRA suspends Thursday trades of Amer Group, Porto Group
Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) on Sunday said it has cancelled all trades made on Amer Group Holding and Porto Group last Thursday. Last Thursday, Amer Group revealed that its board of directors had decided to …
The company logged EGP 114.64 million in profits for the full-year ended 31 December 2018
3 March 2019 01:20 PM Porto Group FY18 profits drop 53%
Cairo – Mubasher: Porto Group Holding on Sunday reported a 53% year-on-year decline in consolidated profits for fiscal year 2018 due to a decrease in annual revenue. The company logged EGP 114.64 million in profits for the full-year ended 31 …
Porto Group, Amer Group wins $39m compensation
24 February 2019 03:30 PM Porto Group, Amer Group awarded $39m compensation
Cairo – Mubasher: Porto Group Holding and Amer Group Holding Co on Sunday announced that Amer Holding and Amer Syria have been awarded a compensation of $38.9 million in an arbitration ruling. The ruling included a 5% interest from the date of …
The company generated EGP 115.8 million in profits for the January- September period
12 November 2018 01:51 PM Porto Group logs EGP 115.8m profit in 9M
Cairo – Mubasher: Porto Group Holding on Monday reported a 54% year-on-year decline in consolidated profits for the first nine months of 2018. The company generated EGP 115.8 million in profits for the January- September period, versus EGP 251.87 …
Porto Group Holding has signed an agreement with Mostakbal Urban Developments
6 November 2018 01:58 PM Porto Group to build urban project in Mostakbal city
Cairo – Mubasher: Porto Group Holding has signed an agreement with Mostakbal Urban Developments to develop an integrated urban project, Porto City, in Mostakbal city. Spanning over 151 acres, Porto city will be built following the completion of …
Revenues narrowed to EGP 876.4 million in the six-month period ended June
14 August 2018 02:51 PM Porto Group profits drop 70% in H1
Cairo – Mubasher: Porto Group Holding on Tuesday reported a 70.1% year-on-year decline in consolidated profits for the first half of 2018, recording EGP 53.06 million from EGP 177.91 million. Revenues narrowed to EGP 876.4 million in the six-month …
Porto Group names new chairman
3 July 2018 01:53 PM Porto Group names new chairman
Cairo – Mubasher: The board of directors of Porto Group Holding decided to appoint Mohammed Sayed Abdel Raziq as the company’s chairman and managing director. The board also agreed to hire Jamal Fawzy Fath Alah as the representative of Sol Global …