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Amer Group reports 87% plunge in Q1 net income

May 11, 2014 10:01 am


Egyptian real estate firm, Amer Group has said its first-quarter net profit dropped 87% to EGP2.026m ($288,200), Reuters has reported. Net profit was EGP15.352m in the same period a year earlier, the developer said, without providing further details.

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