Orascom Development Holding AG: 2023 financial results

Orascom Development Holding presented its consolidated financial results for the financial year 2023. Despite the challenging business environment, the company delivered a solid performance and a good financial result. Revenue amounted to CHF 655.2 million and net profit amounted to CHF 54.4 million.

Real estate sales remained almost at the same level as in the previous year, despite the devaluation of the Egyptian pound.