Real Estate Consortium unconsolidated profits up 18.8% in Q4
Egyptian Real Estate Group
AREH
AREH
Cairo – Mubasher: Real Estate Egyptian Consortium said its unconsolidated profits for the fourth quarter of 2016 increased by 18.8%.
The company reported net profits of EGP 2.27 million in Q4 – 2016, up from EGP 1.91 million for the same period of the previous year.
The company’s profits also for 2016 in full spiked 209% to EGP 38.1 million from EGP 12.33 million in the previous year.
Source:
Mubasher
