The company’s total sales amounted to EGP 2.4bn, and net profit were recorded at EGP 37m.
Porto Group, affiliated to Amer Group, is an Egyptian joint stock operating in the real estate sector, founded in 2005.
The company develops real estate projects and urban communities.
The group’s total gross profits of 2015 recorded approximately EGP 276m, with a profit margin of EGP 28m.
The company’s operating profit amounted to EGP 16m.
According to the company’s report, Porto Group’s total assets are estimated at EGP 3.8bn, while it has approximately EGP 586m liquidity in banks.
The group’s net working capital is approximately EGP 192m.
The property reservation and real estate contracts of Porto Group amounted to approximately EGP 5.2bn in 2015.
The group’s administration recorded sales of $2.4bn during 2015.