Cairo – Mubasher: Heliopolis Company for Housing and Development said Thursday that its ordinary general meeting (OGM) has adopted the estimated budget for fiscal year 2017/2018 with a target profit of EGP 372.6 million.
The OGM also adopted an investment budget worth EGP 550 million, according to a bourse filing.
The company's board had earlier said that the company targets revenues worth EGP 962.19 million and a net profit of EGP 372.6 million for FY17/18.
