EHDR is engaged in real estate development and investments, with the objective of acquiring, developing, buying, selling and managing real estate properties. The company is also engaged in housing project development and the construction of residential and commercial complexes.
Financial Performance:
EHDR reported its 1Q11 financials ending March 11th, posting a net income of EGP0.13mn, down from EGP.46mn in 4Q10 and down from 4.71 in 1Q10. EBITDA also declined to EGP.19mn, down 594% YoY from EGP6.13mn in 1Q10.