The EGM also ratified amending articles no. 6 and 7 of the company’s article of association.
The company reported a consolidated net profit of EGP 2,193,704 in the first half (H1) of 2020, an 83% decline from EGP 13,072,850 achieved in H1 2019.
Standalone net profit reached EGP 60,376,566 in H1 2020, a 545% rise from EGP 9,347,359 posted in H1 2019.
Egyptians for Housing is engaged in the real estate development and investment sector. The company focuses on buying, purchasing, dividing, and selling lands, and establishing buildings and facilities. This is in addition to setting up urban expansion projects, residential and commercial complexes, and new township projects.
Copyright © 2020 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).