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Egypt’s El Obour Real Estate Investment (OBRI.CA) turned into profits during the first half of the year, a bourse statement revealed.
The company posted first half net profit worth 321,000 Egyptian pounds ($36,147), opposed to a net loss of 2.2 million pounds for the year-ago period.
In the first quarter, net profit fell 15.18 percent y-o-y to 425,300 pounds.