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National Bank of Egypt

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Egyptian Real Estate Consortium's Profit Slides 63 Percent in H1 2020
July 23rd, 2020 - 09:00 GMT

Egyptian Real Estate Consortium's Profit Slides 63 Percent in H1 2020

Egyptian Real Estate Consortium reported a 63% Year on Year decline in its consolidated net profit for Half one (H1) of 2020, according to a July 22nd disclosure filed to the Egyptian Exchange. Consolidated net profit reached EGP 9,064,105 in H1 2020, compared to EGP 24,635,090 achieved in H1 2019. In the same period of 2020, standalone net profit stood at EGP 9,064,105, a 63% decrease from EGP 24,635,090 posted ...
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