Cairo – Mubasher: Real Estate Egyptian Consortium Co. said it eyes a growth of 18.2% in net profits for 2016.
The firm pointed out that it targets net profits of EGP 14.31 million in 2016, according to its estimated budget, compared with EGP 12.1 million in 2015.
Meanwhile, the company eyes revenues of EGP 14.74 million in 2016, compared with EGP 9.64 million for 2015.
The company posted earlier unconsolidated net profits of EGP 12.1 million in 2015, up 20.3% from EGP 10.1 million a year earlier.
