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National Real Estate Bank FY13 profit jumps to EGP17 mln

National Real Estate Bank FY13 profit jumps to EGP17 mln
National Real Estate Bank for Development (NRPD) posted financial results for FY13, showing that net profit soared 228% to EGP 17.199 million, compared with EGP 5.243 million net profit a year earlier.
The company’s revenue also increased to EGP 71.78 million from EGP 29.19 million in FY12.
Earnings per share (EPS) amounted to EGP 4.20, compared with EGP 1.17 in FY12.