Cairo – Mubasher: Elsaeed Contracting and Real Estate Investment Company registered a net profit of EGP 36.5 million in the first quarter of 2016, according to a bourse filing.
The company’s Q1 earnings thus soared by 294.6% year-over-year from EGP 9.25 million.
According to FY15 consolidated statements, the company earned EGP 80.7 million.