Home Real Estate State-owned Heliopolis Housing Q1 profit rises to 77mn Egyptian pounds

State-owned Heliopolis Housing Q1 profit rises to 77mn Egyptian pounds

by Yomna Yasser

Net profit after tax of Egypt’s state-owned Heliopolis Company for Housing and Development (HELI) jumped to 77 million Egyptian pounds ($4.3 million), the company said Thursday in a bourse filling.

Earlier, profit stood at 26 million pounds during the first quarter of 2016.

The company made revenues worth 215 million pounds up from 85 million pounds last year.

You may also like

Leave a Comment