Porto Group has reported its financial statements for the four-month period ending in December 2015 (since inception in 30 August 2015). Revenue came in EGP996 million, gross profit at EGP276 million, translating into a Gross Profit Margin (GPM) of 28%. Net income before tax was EGP72 million and that after tax and minority was EGP38 million. Contracted sales totaled EGP2.4 million for the full year 2015, with its backlog amounting to EGP5.2 billion, to be recognised as revenue over the coming three years. No comparable figures were provided. (Company disclosure)