ArabFinance: Utopia for Real Estate And Tourism Investment (UTOP) posted a 27.2% Year on Year increase in its net profit in 2020, according to the companys February 7thstatement to the Egyptian Exchange.
Net profit stood at EGP 2.96 million in 2020, when compared to EGP 2.33 million in 2019.
The listed company logged a net profit of EGP 3.21 million during the first nine months of 2020, compared to EGP 1.87 million in the same period of 2019.
Established in 1999 and listed in 2009, Utopia is a public company that operates within the real estate sector focusing on diversified real estate activities.
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