Orascom Development: ODE achieves record EGP 32.5bn in real estate sales, marking 67% growth in FY 2024

Orascom Development Egypt (ODE) has announced its consolidated results for Q4 2024, reporting record-breaking financial performance for the fiscal year (FY) 2024. The company achieved EGP 32.5bn in real estate sales, reflecting a 67% year-over-year (YoY) growth, with revenues surging 42% to EGP 21.8bn. Despite foreign exchange (FX) losses of EGP 1.8bn, net profit grew [...] The post ODE achieves record EGP 32.5bn in real estate sales, marking 67% growth in FY 2024 appeared first on Dailynewsegypt.