ArabFinance: Emerald Real Estate Investment (EMRI) posted a 27.15% Year on Year drop in its net profit in 2020, according to the companys February 9thstatement filed to the Egyptian Exchange.
Net profit stood at EGP 19.05 million in 2020, compared to EGP 26.15 million in 2019.
On a yearly basis, the listed company reported a 46% decrease in net profit during the first nine months of 2020, recording EGP 12.61 million.
Established in 2009 and listed in 2020, Emerald is a public company that operates within the real estate sector.
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