Palm Hills Developments S.A.E. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was EGP 1,541.004 million compared to EGP 1,104.945 million a year ago. Operating income was EGP 318.663 million compared to EGP 156.012 million a year ago. Net income was EGP 237.962 million compared to EGP 92.832 million a year ago. For the nine months, sales was EGP 3,549.216 million compared to EGP 3,620.020 million a year ago. Operating income was EGP 648.366 million compared to EGP 764.261 million a year ago. Net income was EGP 514.546 million compared to EGP 544.312 million a year ago.