ERC is Egypt’s leading master developer of international-standard mega communities. The company derives revenues from three clear streams: the sale of land plots; utilities and community management fees; and the development and operation of strategic one-off and recurring-revenue assets. ERC offers a unique value proposition to its sub-developers while promoting the creation and delivery of a world-class experience for end-users of its master planned developments.


Legal Structure
Egyptian Public Joint Stock Company

Listing
Egyptian Exchange (EGX)

Reuters Code
EGTS.CA

Authorized Capital
EGP 2 billion

Paid-in-Capital
EGP 1.05 billion

Par Value Per Share
EGP 1.00

Fiscal Year
Ends December 31

ERC Tax Structure
22.5% on net income

Employees
500

Subsidiaries
Sahl Hasheesh Co. (SHC) – 78.4% ownership

SHC Tax Structure
22.5% on net income