Earnings Alerts

Palm Hills Developments SAE (PHDC) Earnings Surge: 2Q Profit Climbs 29% to 903.7M Pounds

  • Palm Hills reported a profit of 903.7 million pounds in the second quarter.
  • This marks an increase of 29% compared to the same period last year, where the profit was 701.7 million pounds.
  • The company’s revenue for the second quarter reached 7.19 billion pounds.
  • This is a 53% increase in revenue compared to the previous year.
  • Analyst ratings show strong confidence in Palm Hills, with 5 buy recommendations and no holds or sells.

A look at Palm Hills Developments Sae Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores analysis, Palm Hills Developments Sae shows a promising long-term outlook. The company scores high in Value, Growth, Resilience, and Momentum, indicating strong potential across these key factors. With a solid Value score of 4, Palm Hills Developments Sae is likely considered to be undervalued compared to its intrinsic worth. The Growth score of 4 suggests a positive outlook for the company’s expansion and development prospects. Similarly, the Momentum score of 4 indicates that the company has been building positive momentum in the market.

While Palm Hills Developments Sae scores lower in the Dividend and Resilience categories, with a score of 1 and 3 respectively, the overall assessment points towards a company with strong fundamental strength and growth potential. As a leading joint stock company and real estate developer in Egypt, Palm Hills Developments Sae has established a reputation for building integrated communities and offering diverse residential options in key locations such as West Cairo, East Cairo, and the North Coast. Founded in 1997, the company continues to drive innovation and growth in the real estate sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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