• Register

Medinet Nasr reports 102.6% surge in full-year profits

: Thursday, March 13 - 2014 @ 10:11

Egypt’s Medinet Nasr for Housing and Development, a public shareholding company engaged in real estate development and housing, has posted a 102.6% surge in its net profit in 2013, on the back of a 50% jump in sales, Reuters has reported. The net profit of the company reached EGP186.88m ($26.85m) in the year ending in December 2013, compared with EGP92.24m in 2012. Sales by Medinet Nasr increased 50% to EGP658.48m from EGP438.97m in 2012.

Today's Top Stories

Posted by

Thursday, March 13- 2014 @ 10:11 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs