El Obour Real Estate turns profitable in 9M

Cairo – Mubasher: El Obour Real Estate Investment Co. said its financial statements for the first nine months of 2016 have reflected net profits of EGP 556,000.

The company suffered losses of EGP 3.6 million at the same period of the previous year.

Earlier, the company reported net profits of EGP 321,000 for the first half of 2016 against losses of EGP 2.2 million a year earlier.

Mubasher Contribution Time: 06-Nov-2016 14:37 (GMT)
Mubasher Last Update Time: 06-Nov-2016 14:37 (GMT)