Tawasul
Mubasher TV
Contact Us Advertising   العربية

Amer Group reveals developments on New Minya land allocation

Amer Group reveals developments on New Minya land allocation
Amer Group Holding reported net profits of EGP 27.608 million in six months
Amer Group
AMER
0.00% 0.73 0.00

Cairo – Mubasher: The New Minya City Authority approved a change to the land allocation request submitted by Amer Group Holding Co’s 60%-owned subsidiary Amer Tourism Development.

Amer Tourism Development obtained an approval to change the area of the requested land allocation in New Minya to 45 feddans from 110, according to a bourse disclosure.

During the first half (H1) of 2020, Amer Group Holding reported net profits of EGP 27.608 million, up from EGP 25.42 million in the year-ago period, including minority shareholders’ rights.