The Clap:
Bolstered by strong performance across the real estate sector, A Capital Holding recorded a 103% rise in its net income in the three months that ended in March.
Revenues:
The company accumulated EGP 183 million to its topline for 1Q 2024. Contract sales totaled EGP 936 million.
Net profit:
A Capital’s net income for the financial period reached EGP 10 million — a 103% jump QoQ— after paying up EGP 4 million in taxes. The firm had accumulated just EGP 5.03 million in the same quarter last year.
