First Investment annual profits down 38%

Cairo – Mubasher: First Investment and Real Estate Development posted that its net profits for 2015 declined 38% year-over-year to EGP 32,500 from EGP 52,600.

Shareholders are invited to attend the ordinary general meeting to consider the standalone financial statements and the board’s report for the fiscal year of 2015.

In the first nine-month period, the company’s net profits move to EGP 53,860 in 2015 from EGP 38,460 in 2014. 

Mubasher Contribution Time: 16-Mar-2016 11:51 (GMT)