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Porto Group Holding (PORT)

Last update: 19 April 01:29 PM market time.
0.72
0.03
3.94%
Open 0.71
Previous Close 0.71
High 0.74
Low 0.70
Stock Statistics
Volume 15,846,297
Turnover 11,377,161.00
All data are 15 minutes late during market session

News

The transaction included the purchase of 6.15 million shares
15 April 02:58 PM Asmak ups stake in Porto Group Holding
Cairo – Mubasher: Asmak Co raised its stake in Porto Group Holding to 12.04% from 11.51%, HC Brokerage said. The transaction included the purchase of 6.15 million shares for EGP 4.246 million, averaging EGP 0.69 apiece, according to a bourse …
Porto Group Holding achieved net profits of EGP 25 million in 2020
23 March 01:30 PM Porto Group's shareholders approve board formation
Cairo – Mubasher: The ordinary general meeting (OGM) of Porto Group Holding approved the appointment of board members for a new three-year term. The appointed board members are Jamal Fawzy Mohamed Fath Allah as a Non-Executive Chairman and Ayman …
The company aims to deliver 3,500 units during 2021
17 March 02:17 PM Porto Group Holding set to launch new JV in near future
Cairo – Mubasher: Porto Group Holding is set to establish a new joint venture (JV) in partnership with Prime Group Egypt, UAE’s Asmak Co. in the coming period. The real estate developer is also working on 15 projects inside Egypt and abroad, …
The real estate developer targets EGP 3 billion in presales this year
16 March 01:58 PM Porto Holding eyes EGP 1.3bn investments in 2021
By: Abdullah Bedeir Cairo – Mubasher: Porto Group Holding is planning to invest EGP 1.3 billion in its projects in 2021, the Deputy Chairman, Ayman Mokhtar Khalifa, revealed. The real estate developer also targets EGP 3 billion in presales during …
The transaction involved the trading of 31.945 million shares
2 March 05:52 PM Asmak Co ups stake in Porto Group Holding for EGP 30m
Cairo – Mubasher: Asmak Co has raised its stake in Porto Group Holding to 11.515% from 8.784%. The transaction involved the purchase of 31.945 million shares for EGP 30.124 million, averaging EGP 0.943 apiece, according to a bourse disclosure on …
The new company will specialise in business development, investment, and project management
28 February 12:22 PM Porto Group Holding's board decides to rebrand, set up new JV
Cairo – Mubasher: The board of directors of Porto Group Holding approved a decision to change the company’s name. The decision, which comes in line with the company’s future plans and growth and development objectives, will be referred to the …
Revenues retreated to EGP 863.39 million last year
28 February 11:40 AM Porto Group Holding's profit slides 76% in 2020
Cairo – Mubasher: The consolidated net profits of Porto Group Holding plummeted by 76% year-on-year (YoY) to EGP 25 million in 2020, compared to EGP 104.25 million. Revenues retreated to EGP 863.39 million last year, compared to EGP 1.737 billion …
The issuance is backed by a portfolio of receivables worth EGP 911 million
12 January 05:48 PM EFG Hermes closes EGP 700m securitisation bond issuance for Amer, Qasatli, Porto
Cairo – Mubasher: The Egyptian Financial Group Hermes Holding (EFG Hermes) has concluded the first issuance of a securitisation programme worth EGP 6.5 billion for Amer Group Holding Co, Porto Group Holding, and Qasatli. EFG Hermes served as sole …
The company reported net losses of EGP 8.62 million
12 November 2020 01:04 PM Porto Group Holding swings to loss in 9M
Cairo – Mubasher: Porto Group Holding incurred net losses of EGP 8.62 million in the first nine months of 2020, against net profits of EGP 91.34 million in the year-ago period, including minority shareholders’ rights. As for standalone business, …
Porto Group Holding suffered net losses of EGP 24.7 million in six months
8 November 2020 04:52 PM Porto Group to invest EGP 20bn in three projects
Cairo – Mubasher: Porto Group Holding announced that the investment cost of its latest three projects is expected to reach EGP 20 billion. The three projects are Golf Porto Cairo, Porto Assiut, and Porto Aghadir, the property developer said in a …
Porto Group Holding suffered net losses of EGP 24.7 million in six months
1 November 2020 00:22 PM Porto Group to rebrand to Porto Developments
Cairo – Mubasher: The board of directors of Porto Group Holding will review the proposals submitted by the management, including rebranding to Porto Developments. The board will also discuss the company’s plans for launching three projects (Golf …
The loan will finance Porto October’s 1.38 million sqm project
15 October 2020 00:28 PM Porto Group inks EGP 500m Musharakah deal with Banque Misr
Cairo – Mubasher: Porto Group Holding signed a funding agreement to guarantee a loan for its subsidiary Porto October. The EGP 500 million long-term Musharakah agreement was signed with Banque Misr – Islamic Banking Sector, the company said in a …
The total compensation reached $51.68 million
10 September 2020 00:54 PM FACT evaluates compensation due to Amer Group, Porto Group
Cairo – Mubasher: Amer Group Holding Co and Porto Group Holding announced that FACT Financial Advice Corporate Transactions assessed the economic rights of each group based on the arbitration ruling no. 986/2014 related to Porto Tartous …
The company’s revenues sank to EGP 335.8 million
13 August 2020 04:44 PM Porto Group moves to loss in H1-20
Cairo – Mubasher: Porto Group Holding announced turning to net losses of EGP 24.7 million in the first half (H1) of 2020, versus net profits of EGP 80.07 million in the same period a year earlier, including minority shareholders’ rights. The …
Porto Group incurred net losses of EGP 16.34 million in Q1-20
6 August 2020 11:57 AM Porto Group provides guarantee for loan to Porto October
Cairo – Mubasher: The board of directors of Porto Group Holding decided to provide a guarantee to its subsidiary Porto October. The company’s chairman and managing director has been authorised to sign a joint guarantee agreement at a value of EGP …
The company’s issued capital will be increased to EGP 702.17 million
22 June 2020 01:17 PM Porto Group's shareholders approve capital raise via bonus issue
Cairo – Mubasher: The extraordinary general meeting (EGM) of Porto Group Holding approved a proposal to increase its capital by EGP 100.3 million through a one-for-six bonus issue to be financed from 2018's retained earnings and 2019’s generated …
The group's revenues declined to EGP 206.38 million
16 June 2020 00:48 PM Porto Group sees EGP 16m net losses in Q1-20
Cairo - Mubasher: The consolidated financial results of Porto Group Holding showed EGP 16.34 million net losses during the first quarter (Q1) of 2020, against a net profit of EGP 59.59 million in the year-ago period. The group's revenues declined …
Porto Group Holding’s net profits declined to EGP 116.88 million
10 June 2020 04:12 PM Porto Group Holding's shareholders approve bonus issue
Cairo – Mubasher: The ordinary general meeting (OGM) of Porto Group Holding approved the board’s proposal to distribute bonus shares to be financed from 2018's retained earnings and 2019’s generated profits. The company’s shareholders agreed on a …
Ayman Mokhtar Ibrahim Khalifa was named deputy chairman
13 April 2020 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 2020 00:39 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 2020 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 …