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Heliopolis Co for Housing and Development SAE (HELI.CA)

HELI.CA on Cairo Stock Exchange

26.13EGP
16 Apr 2019
Change (% chg)

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Volume
885,468
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Latest Key Developments (Source: Significant Developments)

Egypt's Heliopolis Updates On Land Sale In Sheraton Area
Monday, 15 Apr 2019 

April 15 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::UPDATES ON ANNOUNCEMENT TO SELL PIECE OF LAND THROUGH AUCTION IN SHERATON AREA.SAYS AUCTION HAS BEEN POSTPONED DUE TO SOME POSITIVE AMENDMENTS IN BUILDING CONDITIONS BY CAIRO GOVERNMENT.CHANGE OF LAND USE FROM RELIGIOUS TO COMMERCIAL / ADMINISTRATIVE .INCREASE NUMBER OF APPROVED FLOORS FROM GROUND FLOOR AND 5 FLOORS TO GROUND FLOOR AND 6 FLOORS.APPROVE INCREASE OF NUMBER OF BASEMENTS FROM ONE TO TWO.INCREASE TOTAL BUILT UP AREA.FROM THIS PERSPECTIVE A NEW VALUATION IS CURRENTLY IN PROCESS.  Full Article

Egypt's Heliopolis Forecasts 2019-20 Profit Of EGP 1.13 Bln
Friday, 29 Mar 2019 

April 1 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::SEES FY 2019-2020 PROFIT FOR DISTRIBUTION EGP 1.13 BILLION.SEES FY 2019-2020 TOTAL REVENUE EGP 3.12 BILLION.SEES FY 2019-2020 INVESTMENT PLAN EGP 641.5 MILLION.  Full Article

Egypt's Heliopolis H1 Profit Falls
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::H1 NET PROFIT AFTER TAX EGP 48.6 MILLION VERSUS EGP 59.2 MILLION YEAR AGO.H1 REVENUE EGP 383.4 MILLION VERSUS EGP 309.7 MILLION YEAR AGO.  Full Article

Heliopolis Plans To Implement Housing, Commercial Projects By Developing Unutilized Land
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::MAKES INTEGRATED STRATEGIC PLAN TO IMPLEMENT HOUSING AND COMMERCIAL PROJECTS THROUGH DEVELOPING UNUTILIZED LAND.PLAN WILL BE IMPLEMENTED THROUGH PARTNERSHIP WITH OTHER COMPANIES OR THROUGH OWN SOURCES.STUDYING FUNDING ALTERNATIVES INCLUDING SALE OF LAND ANC CAPITAL INCREASE TO FINANCE INVESTMENT PLAN.  Full Article

Zahraa Maadi Seeks Board Approval To Buy Stake In Nasr Real Estate Development
Monday, 31 Dec 2018 

Dec 31 (Reuters) - ZAHRAA MAADI INVESTMENT AND DEVELOPMENT ::SEEKS BOARD APPROVAL TO BUY HELIOPOLIS' STAKE IN NASR REAL ESTATE DEVELOPMENT.  Full Article

Heliopolis Co For Housing And Development Shareholders Approve FY Dividend
Sunday, 11 Nov 2018 

Nov 11 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT SAE ::SHAREHOLDERS APPROVE FY DIVIDEND EGP 0.50 PER SHARE.  Full Article

Egypt's Heliopolis To Sell Land To Deal With Liquidity Problem
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::SAYS TO DEAL WITH LIQUIDITY PROBLEM, CO HAS DECIDED TO SELL 30 TO 100 FEDDAN LAND IN NEW HELIOPOLIS CITY.SAYS PROCEEDS OF LAND SALE TO BE USED TO INCREASE CAPITAL , IMPLEMENT INVESTMENT PLAN AND PAY LOANS.  Full Article

Egypt's Heliopolis Says Sept Housing Unit Sales EGP 51 Mln
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT SAE ::SAYS SEPTEMBER HOUSING UNIT SALES EGP 51 MILLION.  Full Article

Egypt's Heliopolis Restates FY Profit To EGP 265.3 Mln
Saturday, 22 Sep 2018 

Sept 23 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::RESTATES FY NET PROFIT AFTER TAX TO EGP 265.3 MILLION FROM EGP 250.8 MILLION REPORTED EARLIER.RESTATES FY REVENUE TO EGP 954.6 MILLION FROM EGP 936.5 MILLION REPORTED EARLIER.  Full Article

Egypt's Heliopolis H1 Profit Falls
Monday, 22 Jan 2018 

Jan 22 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::H1 NET PROFIT AFTER TAX EGP 59.2 MILLION VERSUS EGP 132.2 MILLION YEAR AGO.H1 REVENUE EGP 309.7 MILLION VERSUS EGP 294.1 MILLION YEAR AGO.  Full Article

MIDEAST STOCKS-Banks lift Saudi, Dubai continues to rally on Emirates NBD deal

* Al Rajhi Bank surges after capital increase approval * Dubai continues winning streak for the sixth session * Emirates NBD hovers around 11-year high * Orascom Investment rises on FY result, Nile Sugar acquisition By Ateeq Shariff April 4 Saudi Arabia's stock market marked its ninth session of gains on Thursday, led by banking shares, while Emirates NBD's deal to buy Turkey's Denizbank lifted Dubai's main index. The Saudi index was up 0.9 percent, led b