Egyptians for Housing Development and Reconstruction 9-month Consol Profit Falls

Monday, 13th November 2017
by Invest Gate

A general view of the Egyptian stock exchange in Cairo August 18, 2013. Egypt’s stock market fell sharply on Sunday as it resumed trading after hundreds of people were killed in a crackdown by the army-backed government on supporters of the Muslim Brotherhood. Banks and the stock market reopened for the first time since Wednesday’s carnage, with shares rapidly falling 2.5 percent. REUTERS/Louafi Larbi (EGYPT – Tags: )

Egyptian stock-listed company Egyptians for Housing Development and Reconstruction (EHDR) posted a financial statement for the first nine months of 2017, according to bourse statement.

The statement showed that EHDR’s net profit amounted to EGP 13.2 mn during the first nine months in 2017, versus EGP 15.8 mn during the same period last year.

Meanwhile, the company’s consol revenue during the first nine months in 2017 hit EGP 96.1 mn versus EGP 89.4 mn during the same period last year.

EHDR Company is a public company, listed on Egyptian Exchange (EGX) since August 1994.

The company operates within the real estate sector focusing on Diversified real estate Activities.