Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) on Monday posted a 100% year-on-year hike in sales, recording its highest level since 2008.
Sales have exceeded the company’s targeted annual budget to EGP 13.1 billion at the end of December 2017, up from EGP 6.55 billion in December 2016, TMG Holding highlighted in a statement to the Egyptian Exchange (EGX).
The Egyptian real estate company has sold about EGP 3.63 billion of commercial and administrative units in 2017, confirming the firm’s capability to benefit from residential units delivery over the past period, the company pointed out.
