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Real Estate Consortium Q1 profits up 381%

Real Estate Consortium Q1 profits up 381%
(Photo credit: Arabianeye - Reuters)

Cairo – Mubasher: Real Estate Egyptian Consortium’s profits for the first quarter of fiscal year 2017 rose 380.7% to EGP 19.9 million, compared to EGP 4.14 million for Q1-16.

Revenues increased to EGP 8.5 million in Q1-17 from EGP 4.9 million in Q1-16, a bourse filing said on Sunday.