Arab Finance: Palm Hills Development Company (PHDC) posted a 100% year-on-year (YoY) hike in its new sales during the first nine months of 2023, hitting EGP 35 billion, compared to EGP 17.5 billion in the same period a year earlier, according to a press release on October 4th.
Palm hills said that this figure surpassed its full year target and guidance.
Established in 1997, Palm Hills is a leading real estate company listed on the EGX and London Stock Exchange. The developer mainly develops integrated residential, commercial real estate, and resort projects.