Cairo – Mubasher: Palm Hills Development Company’s consolidated profits for the first quarter of fiscal year 2017 rose 101.4% year-on-year.
Net profits reached EGP 212.3 million in Q1-17, versus EGP 105.4 million for Q1-16, according to a bourse filing released on Wednesday.
Standalone profits increased in Q1-17 by 4.7% to EGP 119.1 million from EGP 113.7 million for Q1-16.
