HDB posts 60% rise in Q1 profit

Cairo – Mubasher: The Housing and Development Bank (HDB) said Sunday that its net profit for the first quarter of fiscal year 2017 increased 60% year-on-year.

Net profit amounted to EGP 349 million in Q1-17, versus EGP 218 million for Q1-16, according to a statement to the bourse.

Revenues reached EGP 891 million in Q1-17, compared to EGP 487 million in Q1-16.

Mubasher Contribution Time: 14-May-2017 09:12 (GMT)
Mubasher Last Update Time: 14-May-2017 09:24 (GMT)