Talaat Mostafa Group achieves 122 billion pounds in sales in 5 months

  • Talaat Moustafa Holding Group achieved unprecedented results during the first five months of the current year 2024, in all its business activities, and the efforts made by the executive management resulted in achieving all the targeted and strategic expectations that were previously announced since 2017.

 

  • Talaat Moustafa Group focused primarily on; First, maintaining strong sales performance and working on its growth, second, expanding the group’s hotel arm and other sources of recurring income, third, accelerating the asset monetization process, fourth, expanding land stock, and fifth, maintaining the rise in capital value and protecting it through expanding sources of income flow in currencies. Foreign.

 

  • The operational and financial performance of Talaat Mostafa Group succeeded in achieving all of these goals before the end of 2024 and is still achieving all of these strategic goals, strongly exceeding all initial expectations, which guarantees the achievement of noticeable expected growth in the coming years, and this success comes supported by the business model adopted by the group. To date, it is characterized by its ability to face market challenges, low risks associated with it, and its design in a way that ensures strong returns for investors. The group achieved sales amounting to 122 billion pounds, which is an unprecedented number compared to the 45 billion pounds that was achieved during the same period of Last year, an increase of 2.7 times on an annual basis, and this includes sales worth 37.1 billion pounds in the group’s new project in the Kingdom of Saudi Arabia, and this number represents about 2,500 units sold in the project so far.

 

  • It should be noted that since the group clearly defined its new strategy and announced it to the market in 2017, its annual sales have increased tenfold, and after the above-mentioned sales, the volume of unproven sales from units sold but not yet delivered has increased to 239 billion pounds.

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