Cairo – Mubasher: Egyptians for Housing and Development gained EGP 7.04 million in the third quarter of 2016, higher 160% year-on-year from EGP 2.71 million, a bourse statement showed on Thursday.
Over the first nine months, net consolidated profits rose to EGP 15.8 million from EGP 7.38 million for the year-ago period.
Standalone profits for the same period edged up to EGP 6.52 million from EGP 6.26 million for the first nine months of 2015.
The stock quote was placed at EGP 3.31 with a 4.42% rise by 1:59pm Cairo time on Thursday.