The shares of Al -Shams Housing and Development Company, which is included in the Egypt Stock Exchange, increased by 11.42% in trading today, to circulate at the price of 8 pounds per share, achieving its highest level in a month.
The trading on the sun’s arrow for housing and reconstruction at that time came through 12.62 million shares with a value of trading 100.6 million pounds.
The highest price for the share at that time was at 8.23 pounds, while the lowest price for the share was at 7.50 pounds.
The financial statements of Al -Shams Housing and Development showed a slight increase in its profits during the first quarter of 2025 on an annual basis.
The company reported that it recorded a net profit of 45.8 million pounds during the period from January to the end of March 2025, compared to profits of 45.63 million pounds during the same period in 2024.
The company’s sales increased during the first quarter of this year to 38.85 million pounds, compared to 31.02 million pounds during the corresponding quarter of last year.
Over the year 2024, Al -Shams Housing and Development Company made profits of 159.78 million pounds, compared to a net profit of 150.77 million pounds in 2023.
On the other hand, the company’s revenues fell during the past year to 178.02 million pounds, compared to 296.62 million pounds in 2023.
It should be noted that Al -Shams Housing and Development Company, known as “Al -Shams Housing”, is a public company listed on the Egyptian Stock Exchange since September 1995. It works within the real estate sector with a focus on various real estate activities, and its headquarters is located in Cairo, Egypt.
