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United Housing sees EGP 44m block-trading deal on Wednesday

United Housing sees EGP 44m block-trading deal on Wednesday
The transaction involved the trading of 10.38 million shares
United Co for Housing
UNIT
-3.86% 5.23 -0.21

Cairo – Mubasher: The Egyptian Exchange (EGX) announced a block-trading deal worth EGP 44.13 million on the shares of United Company for Housing and Development.

The transaction involved the trading of 10.38 million shares, according to a statement on Wednesday.

During the firsts nine months of 2020, the company registered net profits of EGP 103.22 million, down from EGP 127.39 million in the year-ago period, including minority shareholders’ rights.