Cairo – Mubasher: Palm Hills Development reported an increase of 58.7% in net profits for the third quarter of 2016.
The real estate developer reported net profits of EGP 234.98 million for Q3 – 2016, up from EGP 148.09 million a year earlier.
As for the first nine months of 2016, the company reported net profits of EGP 404.3 million down from EGP 746.9 million a year earlier.
