Cairo – Mubasher: North Africa Company for Real Estate Investment said it submitted a disclosure report to the Egyptian Exchange (EGX) regarding its intention to reduce its capital through cancelling treasury stocks.
The company aims to cut its issued capital from EGP 34.37 million to EGP 34.12 million.
The real estate developer earned EGP 751,880 profits in Q1-2016, down from EGP 754,430 for the same period a year earlier.
