Palm Hills Developments S.A.E. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was EGP 2,903.79 million compared to EGP 1,977.92 million a year ago. Net income was EGP 294.97 million compared to EGP 204.73 million a year ago. Basic earnings per share from continuing operations was EGP 0.1 compared to EGP 0.07 a year ago.