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.

7th
largest company on the EGX in terms of volume traded in 2012 (1.07 bn shares)

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
20% on net income up to EGP 10 million
25% on net income in excess of EGP 10 million

Employees
500

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

SHC Tax Structure
25% on net income