Home Real Estate Porto Group 9-month net profit ups to 251.9mn pounds

Porto Group 9-month net profit ups to 251.9mn pounds

by Yomna Yasser

Egypt-based property developer Porto Group’s nine-month net profit climbed to 251.9 million Egyptian pounds ($14.3 million), the company said in a bourse filling on Sunday.

Earlier, profit stood at 69.3 million pounds during the first nine months of 2016.

The company made revenues worth 1.77 billion pounds from 664.8 million pounds last year.

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