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TMG targets handover of 11,000 units till 2014-end

TMG targets handover of 11,000 units till 2014-end
TMG Holding
TMGH
0.25% 59.65 0.15
Ashraf El Banna, Vice President, Talaat Moustafa Group Holding (TMG) said that his company has delivered 19,000 housing units in Madinaty project thus far.
The group plans to hand over 11,000 new units till the end of this year, El Banna told Youm7.
TMG had posted EGP 585 million net profit in 2014, with 7% growth y/y from EGP 545 million.