National Housing for Professional Syndicates (NHPS)

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News

1 April 11:35 AM NCH El-Watania's equityholders approve EGP 3.5/shr dividends for 2025

Cairo - Mubasher: The shareholders of National Company for Housing for Professional Syndicates (NCH El-Watania) greenlighted cash dividends worth EGP 56 million, representing 35% of its capital, for 2025. NCH El-Watania will distribute a dividend …

Cash Dividends

14 June 2021 05:48 PM NCH extends losses by 1,093% in Q1

Cairo – Mubasher: National Company for Housing for Professional Syndicates (NCH) on Monday reported an increase in losses by 1,093% during the first quarter (Q1) of 2021. The company’s net losses reached EGP 46.9 million Q1-21, compared with EGP …

Financial Results

22 April 2021 01:57 PM NCH completes sale of Le Méridien Heliopolis for EGP 605m

Cairo – Mubasher: The National Company for Housing for Professional Syndicates (NCH) announced the completion of all procedures related to the sale of Le Méridien Heliopolis hotel.  The hotel will be sold for EGP 605 million, including EGP 1 …

Companies Investments

22 April 2020 03:33 PM NCH shuts down Le Méridien Heliopolis on COVID-19 outbreak

Cairo – Mubasher: The board of directors of the National Company for Housing for Professional Syndicates (NCH) decided to close down Le Méridien Heliopolis hotel until the end of May. The hotel is unlikely to generate any revenue in the current …

Corporate Actions

29 December 2019 02:11 PM National Housing approves EGP 605m offer to sell Le Méridien Heliopolis

Cairo – Mubasher: The National Company for Housing for Professional Syndicates announced that its extraordinary general meeting (EGM) approved an offer submitted by IMEX International to the National Bank of Egypt (NBE) to purchase Le Méridien …

Companies Investments

14 August 2017 10:32 PM NHPS turns profitable in Q2-17

Cairo - Mubasher: The National Company for Housing for Professional Syndicates reported profits of EGP 850,940 in the first half of the year, against losses of EGP 1.97 million for the same period last year, according to a bourse filing. The …

Financial Results

23 March 2017 01:05 PM National Housing turns profitable in Q4

Cairo – Mubasher: National Company for Housing for Professional Syndicates posted on Thursday a net profit of EGP 3.27 million for the fourth quarter of fiscal year 2016, compared to a net loss of EGP 2.1 million for Q4-15. Net profit for FY16 …

Financial Results

14 November 2016 07:02 PM National Housing losses down 63% in Q3

Cairo – Mubasher: National Company for Housing for Professional Syndicates said its losses shrank 63.32% year-on-year in the third quarter of 2016. The company suffered EGP 1.07 million net losses in Q3-16 from EGP 2.93 million in Q3-15, according …

Financial Results

22 May 2016 10:27 AM National Housing losses shrink 59% in Q1

Cairo – Mubasher: National Company for Housing for Professional Syndicates said its losses cut 58.8% in the first quarter of 2016, according to a bourse filing. The company logged EGP 880,900 net losses compared with a net loss of EGP 2.14 million …

Financial Results

12 November 2015 01:51 PM National Housing to buy EGP 24m land plot

Cairo – Mubasher: National Housing Professional Syndicates Co. said its board of directors gave a nod to buy a land plot spread across 1,344 square meters, to establish residential units. The market value of the land plot stands at EGP 24.760 …

Corporate Actions

12 November 2015 11:02 AM National Housing 9M losses widen 70%

Cairo – Mubasher: National Housing Professional Syndicates Co. reported a 70% rise in net loss for the first nine months of 2015 to around EGP 6.99 million, compared with EGP 4.11 million logged in the same period a year ago, according to a bourse …

Financial Results

13 August 2014 10:27 AM National Housing swings to loss in H1

The National Co. for Housing for Professional Syndicates reported EGP 2.2 million net loss for H1-14, against EGP 958 thousand net profit in the same period a year earlier.The company had reported EGP 2 million net loss for Q1, versus EGP …

Financial Results