ORHD Reports 1Q-2024 Earnings: Records Net Loss

Orascom Development Egypt (ORHD) Reports 1Q-2024 Earnings: Records Net Loss of EGP 984 Million Compared to Profits of EGP 383 Million in the Prior Year

Orascom Development Egypt (ORHD) has just released its earnings report for the first quarter of 2024. The company reported a net loss of EGP 984 million, a significant decline compared to the profits of EGP 383 million recorded during the same period last year.

Source: Company Disclosure to EGX and Financial Sheets attached

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