Egypt’s Housing and Development Bank Q2 Consol Profit Rises

Egypt’s Housing and Development Bank Q2 Consol Profit Rises

Cairo-based Housing and Development Bank announces a rise in its consol net profit at EGP 259.1 mn during the second quarter of 2017, compared to EGP 222.7 mn at the same time last year, Invest-Gate reports.

Meanwhile, the bank’s consol net interest income registered EGP381.5 mn versus EGP381.7 mn during the second quarter of 2017, according to bourse data.

The Bank added that its consol net profit for the first half of 2017 stands at EGP 815.9 mn versus EGP651.4 mn for the first half of 2016.

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