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Heliopolis Housing OGM to discuss FY17/18 budget 10 May

Heliopolis Housing OGM to discuss FY17/18 budget 10 May
(Photo credit: Arabianeye - Reuters)
Heliopolis Housing
HELI
-1.63% 9.64 -0.16

Cairo – Mubasher: Heliopolis Company for Housing and Development said Wednesday that it will hold an ordinary general meeting (OGM) on 10 May to discuss and adopt the estimated budget for fiscal year 2017/2018, according to a bourse filing.

The company plans to achieve a net profit of EGP 685.2 million in FY17/18.

By 10:20 am Cairo time, the stock rose 1.39% to EGP 25.58.