Talaat Mostafa Group achieves a new record in sales and revenues within 9 months

The Talat Mustafa Group achieved a new record by performing strongly during the first nine months of this year, making a significant jump in sales, according to the results of the business it announced today, which came at the forefront of real estate companies through the value realized during that period.

The growth in the company's sales from January to September was 127%, compared to the same period last year, with sales of 27.5 billion pounds, compared to 12.1 billion pounds, achieved during the first nine months of last year.

The balance of actual unproven sales during the period January to September was 63.3 billion pounds, while 49.8 billion pounds were recorded in the same period last year.

The group's strong sales during that period also contributed to a jump in gross revenue, which grew by 9%, to £11.31 billion, compared to £10.4 billion for the same period last year, which was also a result of the group's net profit after taxes and non-controlling rights, recording £1.69 billion, with growth of 15%.

The growth in the first nine months of the year is a continuation of what the company achieved in the first half, with new sales worth 21 billion pounds, compared to 4.4 billion pounds in the first six months of 2020.