Announcement • Apr 06
Giza General - Contracting and Real Estate Investment S.A.E, Annual General Meeting, Apr 26, 2026 Giza General - Contracting and Real Estate Investment S.A.E, Annual General Meeting, Apr 26, 2026, at 15:00 Egypt Standard Time. Location: cairo Egypt Board Change • May 14
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Vice Chairman of the Board Yasser Mohamed Ibrahim was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 17
Giza General - Contracting and Real Estate Investment S.A.E, Annual General Meeting, May 08, 2025 Giza General - Contracting and Real Estate Investment S.A.E, Annual General Meeting, May 08, 2025, at 15:00 Egypt Standard Time. Location: cairo Egypt Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: ج.م0.004 (vs ج.م0.013 in 2Q 2023) Second quarter 2024 results: EPS: ج.م0.004 (down from ج.م0.013 in 2Q 2023). Revenue: ج.م173.5m (down 20% from 2Q 2023). Net income: ج.م6.82m (down 58% from 2Q 2023). Profit margin: 3.9% (down from 7.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: ج.م0.041 (vs ج.م0.042 in FY 2022) Full year 2023 results: EPS: ج.م0.041 (down from ج.م0.042 in FY 2022). Revenue: ج.م1.08b (down 29% from FY 2022). Net income: ج.م58.6m (down 4.0% from FY 2022). Profit margin: 5.4% (up from 4.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (ج.م676.6m market cap, or US$21.9m). Reported Earnings • Nov 23
Third quarter 2023 earnings released: EPS: ج.م0.004 (vs ج.م0.008 in 3Q 2022) Third quarter 2023 results: EPS: ج.م0.004 (down from ج.م0.008 in 3Q 2022). Revenue: ج.م312.5m (down 23% from 3Q 2022). Net income: ج.م4.84m (down 57% from 3Q 2022). Profit margin: 1.5% (down from 2.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: ج.م0.013 (vs ج.م0.013 in 2Q 2022) Second quarter 2023 results: EPS: ج.م0.013 (in line with 2Q 2022). Revenue: ج.م216.3m (down 38% from 2Q 2022). Net income: ج.م16.2m (up 4.3% from 2Q 2022). Profit margin: 7.5% (up from 4.5% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year. New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (ج.م464.6m market cap, or US$15.0m). Reported Earnings • Jun 03
First quarter 2023 earnings released: EPS: ج.م0.016 (vs ج.م0.016 in 1Q 2022) First quarter 2023 results: EPS: ج.م0.016 (in line with 1Q 2022). Revenue: ج.م286.7m (down 21% from 1Q 2022). Net income: ج.م23.2m (flat on 1Q 2022). Profit margin: 8.1% (up from 6.4% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 05
Full year 2022 earnings released: EPS: ج.م0.042 (vs ج.م0.034 in FY 2021) Full year 2022 results: EPS: ج.م0.042 (up from ج.م0.034 in FY 2021). Revenue: ج.م1.52b (up 16% from FY 2021). Net income: ج.م61.0m (up 24% from FY 2021). Profit margin: 4.0% (up from 3.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. MD for Technical Affairs & Director Khaled Sayed was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. MD for Technical Affairs & Director Khaled Sayed was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 19
First quarter 2021 earnings released: EPS ج.م0.01 (vs ج.م0.01 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ج.م288.3m (up 16% from 1Q 2020). Net income: ج.م22.3m (up 126% from 1Q 2020). Profit margin: 7.7% (up from 4.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings. Reported Earnings • Mar 03
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: ج.م965.9m (down 14% from FY 2019). Net income: ج.م47.9m (down 10% from FY 2019). Profit margin: 5.0% (up from 4.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 06
New 90-day high: ج.م0.95 The company is up 146% from its price of ج.م0.39 on 08 November 2020. The Egyptian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 20% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 16% share price gain to ج.م2.87, the stock is trading at a trailing P/E ratio of 18.4x, up from the previous P/E ratio of 15.8x. This compares to an average P/E of 19x in the Real Estate industry in Egypt. Total returns to shareholders over the past three years are 114%. Is New 90 Day High Low • Dec 31
New 90-day high: ج.م2.52 The company is up 5.0% from its price of ج.م2.41 on 01 October 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period. Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 16% share price gain to ج.م2.46, the stock is trading at a trailing P/E ratio of 15.8x, up from the previous P/E ratio of 13.6x. This compares to an average P/E of 20x in the Real Estate industry in Egypt. Total returns to shareholders over the past three years are 77%. Valuation Update With 7 Day Price Move • Nov 01
Market bids up stock over the past week After last week's 23% share price gain to ج.م2.12, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 7.7x. This compares to an average P/E of 12x in the Real Estate industry in Egypt. Total returns to shareholders over the past three years are 80%. Valuation Update With 7 Day Price Move • Oct 22
Market pulls back on stock over the past week After last week's 18% share price decline to ج.م1.85, the stock is trading at a trailing P/E ratio of 8.3x, down from the previous P/E ratio of 10.1x. This compares to an average P/E of 12x in the Real Estate industry in Egypt. Total returns to shareholders over the past three years are 51%. Announcement • Jul 30
An unknown buyer acquired 30.2% stake in Giza General - Contracting and Real Estate Investment S.A.E (CASE:GGCC) from Heliopolis Co. for Housing & Development (CASE:HELI) for approximately EGP 130 million. An unknown buyer acquired 30.2% stake in Giza General - Contracting and Real Estate Investment S.A.E (CASE:GGCC) from Heliopolis Co. for Housing & Development (CASE:HELI) for approximately EGP 130 million on June 21, 2020. Post completion, Heliopolis Co. for Housing & Development will not hold any stake in Giza General.
An unknown buyer completed the acquisition of 30.2% stake in Giza General - Contracting and Real Estate Investment S.A.E (CASE:GGCC) from Heliopolis Co. for Housing & Development (CASE:HELI) on June 21, 2020. Announcement • Jun 19
Pioneers Holding Co. (CASE:PIOH) completed the acquisition of 41.56% stake in Giza General - Contracting and Real Estate Investment S.A.E (CASE:GGCC). Pioneers Holding Co. (CASE:PIOH) made an offer to acquire an additional 41.56% stake in Giza General - Contracting and Real Estate Investment S.A.E (CASE:GGCC) on May 10, 2020. Transaction will occur via a share swap. In related transactions, Pioneers Holding Co. made offers to acquire an additional 9.42% stake in Cairo for Housing & Development, 50.25% stake in United Co for Housing & Development, 51.14% stake in National Upper Egypt Contracting & Building Works and 19.35% stake in Electro Cable Egypt.
Pioneers Holding Co. (CASE:PIOH) completed the acquisition of additional 41.56% stake in Giza General - Contracting and Real Estate Investment S.A.E (CASE:GGCC) on June 18, 2020. As a result of the transaction, Pioneers holds about 90% stake in Giza General.