Cairo – Mubasher: Emaar Misr for Development earned EGP 372.13 million in the third quarter, higher 67.3% year-over-year from EGP 222.35 million, according to a bourse filing on Monday.
Net profits for the first nine month increased 42% year-on-year to EGP 1.06 billion from EGP 744.53 million.
Revenues moved up to EGP 2.499 billion in the first nine months from EGP 2.15 billion registered in the year-ago period.
Earlier, the company announced registering EGP 691.28 million in the first half of the fiscal year 2016.
