Cairo - Mubasher: Emaar Misr for Development recorded net profits of EGP 1.33 billion in the first half (H1) of 2021, up by 102.6% year-on-year (YoY) from EGP 656.55 million, including minority shareholders' rights.

The revenues soared to EGP 3.78 billion in the January-June period, compared to EGP 1.04 billion in the corresponding period a year earlier, the company said in a bourse disclosure on Tuesday.

During the first quarter (Q1) of 2021, the company achieved net profits of EGP 529.12 million, up from EGP 247.56 million in Q1-20, including minority shareholders' rights.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.