Arab Finance: Islamic Gharbia Company for Developed Buildings’ (GIHD) net profits after tax climbed to 260.82% year on year (YoY) to EGP 15.481 million in the first nine months of 2026 from EGP 4.290 million, according to a filing on November 10.
Meanwhile, sales hit EGP 19.446 million during the January-September period of the current year, up from EGP 6.222 million in the same period a year earlier.
Islamic Gharbia is an Egypt-based public shareholding company engaged in the real estate development sector.
The company focuses on the purchase and reclamation of land for the purpose of construction and development activities, general and special contracting, trade in raw materials and construction supplies, and import and export of construction-related materials.
