Cairo – Mubasher: Nile City Investment on Monday posted its consolidated financial results for the fiscal year 2014, registering EGP 27 million ($3.5 million) in net profits against EGP 84.4 million ($11 million) in net losses a year earlier.

The investment firm previously posted EGP 2.9 million in consolidated net profits for the first nine months of FY14, against EGP 77.52 million in net losses for the same period a year earlier.