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Egypt’s second largest listed real estate developer firm Palm Hills announced Tuesday that its sales increased to 1.52 billion Egyptian pounds ($85.8 million) during the third quarter of financial year 2017/2018.
Sales earlier stood at 1.48 billion pounds during the third quarter of financial year 2016/2017.
During the three months ended in September 2017, profits dropped to 117.6 million pounds from 234.9 million pounds during the same period in 2016.