The ordinary general meeting of North Africa Real Estate Investment (NOAF) approved on Thursday, August 7, reshuffling the board of directors.
The company had posted EGP 2.6 million net profit in Q1-14, with 9% growth compared with EGP 2.4 million net profit in the same period a year earlier.
Meanwhile, FY13 net profit had amounted to EGP 7.6 million, compared with EGP 2.6 million in FY12.