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Gulf Canadian 9m profits slip 35%

Gulf Canadian 9m profits slip 35%
Photo Credit: Arabianeye - Reuters


Cairo – Mubasher: Gulf Canadian Real Estate Investment saw a slide of 2015 net profits by 35.24% to EGP 1.42 million, compared with EGP 2.19 million last year, the company’s financial statements showed.

The company’s losses for the first nine months of 2015 deepened to EGP 168,350 from EGP 398,220 for the year-ago period.