Nasr City net profit declines
Complex Made Simple

Nasr City net profit declines

Nasr City net profit declines

Egypt's stock exchange has said that real estate developer Nasr City Housing has reported a 25% decline in full-year net profit, Reuters has reported. The formerly state-run company, now around 30% owned by Beltone Financial's private equity arm, posted a net profit of EGP86.3m ($15m) for the year to end-June, the bourse said.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved