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HEIBCO's net profits decline to EGP 23m in 9M-25

HEIBCO's net profits decline to EGP 23m in 9M-25
HEIBCO for Commercial Investments and Real Estate Development
Hepco
HBCO
1.23% 4.85 0.06

Cairo - Mubasher: HEIBCO for Commercial Investments and Real Estate Development generated lower net profits after tax at EGP 23.29 million in the first nine months (9M) of 2025, compared with EGP 37.24 million in 9M-24.

The earnings per share (EPS) decreased to EGP 0.58 in 9M-25 from EGP 0.93 in the corresponding period a year earlier, according to the financial statements.

Revenues hit EGP 530.22 million as of 30 September 2025, signaling an annual surge from EGP 229.76 million.

During the January-September 2025 period, the total assets stood at EGP 264.94 million, compared with EGP 184.40 million as of 31 December 2024.

Financials for Q3

During the third quarter (Q3) of 2025, the company recorded an annual plunge in net profits after tax to EGP 3.95 million, against EGP 31.05 million in Q3-24.

The revenues jumped to EGP 188.70 million during the three-month period that ended on 30 September 2025 from EGP 86.23 million in Q3-24, while the EPS retreated to EGP 0.10 from EGP 0.78.