El Arabia for Land Reclamation SAE (EALR)

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News

7 April 2022 06:18 PM El Arabia for Land Reclamation targets EGP 2.5m profits in FY22/23

Cairo – Mubasher: El Arabia for Land Reclamation plans to achieve net profits after tax worth EGP 2.32 million in fiscal year (FY) 2022/2023. The board of the company expected total revenues of EGP 219.25 million in FY22/23, according to a bourse …

Real estate

24 June 2019 01:59 PM El Arabia for Land Reclamation starts work on Bahariya Oasis project

Cairo – Mubasher: El Arabia for Land Reclamation announced that it has been assigned the reclamation work of 1,000 feddans in the 6,000-feddan project in Bahariya Oasis. The assignment was made by the General Authority for Rehabilitation Projects …

Company News

15 February 2017 11:09 AM El Arabia for Land Reclamation H1 losses down 16%

Cairo – Mubasher: El Arabia for Land Reclamation said Wednesday that its losses declined in the first half of fiscal 2016-2017 by 15.81% to EGP 5.09 million from EGP 6.50 million for H1-15/16, according to a bourse filing. The company suffered a …

Financial Results

21 December 2016 05:40 PM El Arabia for Land Reclamation cancels auction to sell land plot

Cairo – Mubasher: El Arabia for Land Reclamation decided to cancel an auction to sell a land plot at Sharqia governorate. The auction was cancelled as no one has submitted a buying proposal to buy this land plot, said a bourse filling. Earlier, …

Corporate Actions

22 November 2016 05:14 PM El Arabia for Land Reclamation sells 855 acres in Aswan

Cairo – Mubasher: El Arabia for Land Reclamation said it sold 855 acres in Aswan. The company sold the 855 acres for EGP 33.44 million at EGP 39,000 per acre, said a bourse filling. The company received 21% of the sales value and will receive the …

Corporate Actions

6 September 2016 10:40 AM El Arabia for Land Reclamation profits decline 90.2% in FY15/16

Cairo – Mubasher: El Arabia for Land Reclamation reported a decline of 90.2% in net profits for the fiscal year 2015/16. The company’s net profits amounted to EGP 547,000 in the fiscal year ended 30 June 2016, down from EGP 5.15 million for the …

Financial Results

17 May 2016 11:06 AM El Arabia for Land Reclamation losses deepen in Q1

Cairo-Mubasher: El Arabia for Land Reclamation widened its losses by 187.8% in the nine- month period ended 31 March 2016, according to a bourse statement. Net losses reached EGP 6.1 million ($689,050) in the first nine months of the fiscal year …

Financial Results

11 February 2016 00:00 PM El Arabia for Land Reclamation widens losses in Q2

Cairo – Mubasher:  El Arabia for Land Reclamation logged EGP 3.33 million in losses for the second quarter of the fiscal year 2015/16. The company reported losses of EGP 2.72 million for the similar period of the previous year. As for 2015, the …

Financial Results

12 November 2015 00:24 PM El Arabia Land Reclamation widens losses in Q1

Cairo - Mubasher: El Arabia for Land Reclamation posted EGP 2.72 million in losses for the first quarter of 2015, compared with EGP 125,700 for the same period a year earlier. The company losses widened 2065% at the first quarter of 2015. …

Financial Results

1 October 2015 11:40 AM El Arabia for Land Reclamation to offset deferred losses

Cairo - Mubasher: El Arabia for Land Reclamation said that its ordinary general meeting approved to offset deferred losses by the value of surplus for the fiscal year 2014/15, after deducting 5% that is allocated for legal reserves. Earlier, the …

General Assembly

9 September 2015 11:24 AM El Arabia Land Reclamation turns profitable in FY14/15

Cairo-Mubasher: El Arabia for Land Reclamation reported net profits of EGP 5.15 million in the fiscal year ended 30 June 2015, against losses of EGP 7 million in the previous year. The firm said earlier it brought down its losses by 68.5% to EGP …

Financial Results

29 July 2015 01:02 PM El Arabia for Land Reclamation turns to loss in FY14/15

Cairo – Mubasher: El Arabia for Land Reclamation logged EGP 6.98 million ($889,630) net loss for the fiscal year FY14/15, versus EGP 437,700 ($55,700) profit reported a year earlier, the company said in a bourse filing posted Wednesday. Meanwhile, …

Financial Results

27 July 2015 10:46 AM El Arabia Land Reclamation awarded 3 projects worth EGP 27m

Cairo-Mubasher: El Arabia for Land Reclamation said on Monday it won three projects at a total value of EGP 26.5 million. The company said in a bourse statement that the first project is to complete the industrial operations on branch 1, 2 Toshka …

Company News

3 March 2015 00:39 PM El Arabia Land Reclamation board approves FV at EGP18.77/shr

El Arabia for Land Reclamation Co. (Arclam) said its board of directors has approved the financial study prepared by Elasema for financial consultations, where it set the company's Fair Value -FV at EGP18.77 per share.Meanwhile, the value of the …

Company News

16 October 2014 00:50 PM El Arabia Land Reclamation to launch KSA unit

The board of El Arabia for Land Reclamation approved on Wednesday a draft protocol between the company and Shamikh Global Ltd to carry out procedures of registering the company’s brank in Saudi Arabia as an initial step to establish a …

Company News

8 September 2014 04:09 PM El Arabia Land Reclamation shareholders to review financials Sept 30

El Arabia for Land Reclamation will hold an ordinary general meeting on Tuesday, September 30, 2014, 3:00 p.m. at head office.Shareholders will look into ratifying the board’s report, as well as financial statements for the fiscal year …

Company News

8 September 2014 02:48 PM El Arabia Land Reclamation turns to loss, incurs EGP7 mln in FY13/14

El Arabia for Land Reclamation posted EGP 7 million net loss for the fiscal year that ended on June 30, 2014, against EGP 437.7 thousand net profit a year earlier.Financial statements for the nine-month period from July 1 , 2013 to March …

Company News