Company Profile
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. ERC is the:
6th
largest company on the EGX in terms of volume traded in 2011 (998 mil. 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
10-year tax exemption ended 2007
Employees
195
Subsidiaries
Sahl Hasheesh Co. (SHC) – 69.4% ownership
SHC Tax Structure
10-year tax exemption ending 2017
The following files provide extensive information about ERC and its flagship development project, Sahl Hasheesh International Resort Community. To download to your local machine, right-click the link and choose “Save Target As”. (Requires Adobe Acrobat Reader)
ERC Fact Sheet Q2 2011
As of Second Quarter 2011
Sahl Hasheesh Factsheet and Photo Album
If you require a higher-quality (larger) file, please contact our Investor Relations department.