Pioneers Properties for Urban Development News - Mubasher Info
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Pioneers Properties for Urban Development (PRDC)

Last update: 28 March 01:27 PM market time.
3.12
0.09
2.97%
Open 3.03
Previous Close 3.03
High 3.19
Low 3.00
Stock Statistics
Volume 1,529,097
Turnover 4,741,721.00
All data are 15 minutes late during market session

News

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4 March 04:48 PM Pioneers Properties turns to consolidated profitability in 2023
Cairo – Mubasher: Pioneers Properties for Urban Development shifted towards consolidated profitability during 2023, recording a net profit after tax of EGP 556.97 million, compared to a net loss of EGP 81.08 million in 2022. The company’s …
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26 February 03:34 PM Pioneers Properties launches 1st phase of EGP 20bn IVOIRE East project
Cairo – Mubasher: Pioneers Properties for Urban Development has launched the first phase of its IVOIRE East project in New Cairo. Located on 438,000 square meters, IVOIRE East has an estimated investment cost of EGP 22 billion, according to a …
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22 November 2023 11:32 AM Pioneers Properties logs higher consolidated profits in 9M-23; contracted sales exceed EGP 14bn
Cairo – Mubasher: Pioneers Properties for Urban Development achieved EGP 238.35 million in consolidated net profit after tax during the first nine months (9M) of 2023. The recorded net profits were higher year-on-year (YoY) than EGP 159.84 …
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19 September 2023 00:16 PM PREDCO, Aspire Holding consider establishing mortgage company
Cairo – Mubasher: Pioneers Properties for Urban Development (PREDCO) and Aspire Capital Holding for Financial Investments intend to jointly establish a mortgage finance company, according to separate statements from the two companies. The two …
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24 August 2023 03:54 PM Pioneers Properties unveils H1-23 financials; standalone losses down
Cairo – Mubasher: The consolidated net profits attributable to the owners of Pioneers Properties for Urban Development grew to EGP 190.10 million in the first half (H1) of 2023 from EGP 72.87 million in H1-22. Operating revenues enlarged …
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4 July 2023 00:53 PM Pioneers Properties cuts stake in United Housing to 17.74%
Cairo – Mubasher:  Pioneers Properties for Urban Development has reduced its equity ownership in United Company for Housing and Development to 17.74% from 35.06% in exchange for EGP 235.09 million. Pioneers Properties sold 45.29 million shares in …
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4 June 2023 08:17 AM Pioneers Properties logs over EGP 102m consolidated profits in Q1-23
Cairo – Mubasher: Pioneers Properties for Urban Development generated EGP 102.12 million in consolidated net profit after tax during the first quarter (Q1) of 2023, an annual hike from EGP 44.49 million, including minority interest. The revenues …
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27 April 2023 05:55 PM Pioneers Properties sees EGP 51m block trading deal
Cairo - Mubasher: The Egyptian Exchange (EGX) announced, on 27 April 2023, a block trading deal worth EGP 51 million on the shares of Pioneers Properties for Urban Development. The block deal was executed on 25 million of the company's shares, …
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8 March 2023 02:47 PM Pioneers Properties registers over EGP 217m consolidated profits since incorporation
Cairo – Mubasher: Pioneers Properties for Urban Development logged consolidated net profits after tax of EGP 217.32 million since it commenced operating on 8 September 2021 until 31 December 2022, including minority interest. The EGX-listed firm …
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11 December 2022 00:04 PM Shareholder sells EGP 54m worth of shares in Pioneers Properties
Cairo – Mubasher: Shareholder Hossam Mohamed Zaki Ibrahim reduced his ownership in Pioneers Properties for Urban Development to 5.68% from 7.77% for a total value of EGP 54.12 million. The shareholder sold 22 million shares in Pioneers Properties …
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17 November 2022 03:26 PM Pioneers Properties’ consolidated profits exceed EGP 458m since inception
Cairo – Mubasher: Pioneers Properties for Urban Development reported consolidated net profits after tax worth EGP 458.25 million, including non-controlling interests, since it started operating on 8 September 2021 until 30 September 2022. The firm …
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5 June 2022 07:34 PM Pioneers Properties logs EGP 343m consolidated profits since inception
Cairo – Mubasher: Pioneers Properties for Urban Development has reported consolidated net profits after tax worth EGP 342.89 million since it started operating on 8 September 2021 until 31 March 2022. Revenues reached EGP 2.64 billion during the …
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22 December 2021 01:26 PM Pioneers Properties cuts stake in El Kahera Housing
Cairo – Mubasher: Pioneers Properties for Urban Development (PRDC) has decreased its stake in El Kahera Housing to 70.002% from 76.45%. Pioneers Properties has sold 5.8 million of its shares in El Kahera Housing in exchange for EGP 197.2 million …