Cairo – Mubasher: The Housing and Development Bank (HDB) posted on Tuesday a consolidated net profit of EGP 143 million for the fourth quarter of fiscal year 2016, 11.98% up from EGP 127.7 million for Q4-FY15.
Consolidated net profits for fiscal year 2016 increased 31.3% to EGP 755 million from EGP 575 million for FY15, a bourse statement said.
Standalone net profits grew 31.1% year-on-year to EGP 644 million.
Foreign exchange earnings reached EGP 131 million, according to another statement.
