Cairo – Mubasher: Reacap Financial Investments decided to use its available liquidity in real estate investments.
The company plans to increase real estate investments with periodical return generated from leasing and maintenance activities, according to a statement to the Egyptian Exchange (EGX) on Thursday.
It is noteworthy that during the first nine months of 2019, Reacap Financial Investments logged a net profit of EGP 19.27 million, compared to EGP 66.27 million in the year-ago period.
Source: Mubasher
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