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NHPS turns profitable in Q2-17

NHPS turns profitable in Q2-17
Profits amounted to nearly EGP 850,940 in the first half of 2017
National Co for Housing
NHPS
-3.32% 38.53 -1.28

Cairo - Mubasher: The National Company for Housing for Professional Syndicates reported profits of EGP 850,940 in the first half of the year, against losses of EGP 1.97 million for the same period last year, according to a bourse filing.

The company said in a statement to the Egyptian Exchange (EGX) on Monday that revenues increased during H1-17 to EGP 10.19 million up from EGP 4.74 million for H1-16, as shown by the financial statements.