15% Growth in TMG Holding Profits in 1Q2014

TMG Holding (TMGH) announced that the company’s 1Q2014 net profits increased 15% to LE 160.8 m.

Noting that, the company posted net profits LE 139.3 m in 1Q2013.

The company added in a statment to the stock exchange that the sales in all projects during 1Q2014 was LE 2.214 bln compared to LE 1.77 bln in 1Q2013. Source:Arab Finance