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National Real Estate FY13 profit rises to EGP 16 mln

National Real Estate FY13 profit rises to EGP 16 mln
National Real Estate Bank for Development (NRPD) posted EGP 15.943 million net profit for FY13, compared with EGP 5.243 million net profit a year earlier.
The company’s financial results for the first nine months of FY13 had reflected EGP 16.209 million net profit, compared with EGP 2.053 million net profit a year earlier.
The company operates with issued and paid-in capital of EGP 46.83 million, divided into 4.683 million shares at EGP 10 par value each.