Cairo – Mubasher: Al Shams Housing and Urbanization achieved net profits of EGP 149.67 million in 2020, up by 10.4% year-on-year (YoY) from EGP 135.58 million, the unaudited financial results showed.
Revenues increased to EGP 326.9 million last year, compared to EGP 218.76 million in 2019, the company said in a bourse disclosure on Wednesday.
During the first nine months of 2020, the company reported net profits of EGP 106.66 million, up from EGP 96.96 million in the corresponding period a year earlier.
