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United Housing posts 14% fall in FY13 profit

United Housing posts 14% fall in FY13 profit
United Co for Housing
UNIT
-4.84% 5.70 -0.29
United Housing and Development posted EGP 25.408 million consolidated net profit for FY13, with a decline by 13.6% compared with EGP 29.419 million net profit a year earlier.
The company’s standalone financial results for the same year mirrored EGP 25.455 million net profit, compared with EGP 29.419 million net profit in FY12.