Cairo - Mubasher: First Investment and Real Estate Development reported an increase of 40% to EGP 53,860 in net profits for the first nine months of 2015, up from EGP 38,460 in the same period last year.
Earlier, the company said net earnings reached EGP 89,930 in the first half of 2015, compared with EGP 43,000in the prior-year period.
The firm is capitalised at EGP 5 million, distributed across 5 million shares at EGP 5 par value each.