Palm Hills Developments S.A.E. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was EGP 1,135.029 million compared to EGP 958.083 million a year ago. Operating income was EGP 180.485 million compared to EGP 197.864 million a year ago. Net income was EGP 81.263 million compared to EGP 141.161 million a year ago.