Cairo – Mubasher: Cairo for Investment and Real Estate Development (CIRA) reported consolidated net profits of EGP 330.82 million in the fiscal year (FY) ended 31 August, up by 23.8% year-on-year (YoY) from EGP 267.25 million, including minority shareholders' rights.
The revenues increased to EGP 1.39 billion over the September-August period, compared to EGP 1.09 billion a year earlier, CIRA said in a bourse disclosure on Monday.
Meanwhile, the standalone net profits grew to EGP 148.22 million from EGP 143.99 million.
The company’s FY begins on 1 September and ends on 31 August.
In the nine-month period ended 31 May, CIRA logged consolidated net profits of EGP 458.2 million, up from EGP 330.9 million in the year-ago period, including minority shareholders' rights.
