El Obour Real Estate’s profits surge 55% YoY in 2022: Egypt

Revenues grew 14.8% to EGP 114.22 million last year from EGP 99.45 million in the previous year

Staff Writer, Arab Finance

March 23, 2023

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El Obour Real Estate Investment (OBRI) reported that its net profits after tax increased by 54.8% year on year (YoY) to EGP 3.87 million in 2022, compared to EGP 2.5 million, according to the firm’s financial statement.

Revenues grew 14.8% to EGP 114.22 million last year from EGP 99.45 million in the previous year.

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