Cairo – Mubasher: Egyptians for Housing and Development registered a net profit of EGP 3.5 million profits in the first quarter of 2016, said the company in a bourse filing.
The company’s earnings thus jumped 40% year-over-year from EGP 2.5 million taking minority rights into consideration.
According to Q1 standalone financial statements, its profits rose 13.7% year-over-year to EGP 2.57 million from EGP 2.26 million.
