Cairo – Mubasher: Heliopolis Company for Housing and Development said its unaudited profits for the second quarter of 2016/17 fell 48.5% year-on-year to EGP 106.4 million from EGP 206.8 million.
Over the first six months, the company registered EGP 132.2 million profits, down 48.8% from EGP 258.1 million for the year-ago period.
H1 revenues reached EGP 294.1 million, compared with EGP 418.4 million for the first half of 2015/16.
