Cairo – Mubasher: Egyptians for Housing and Development Company achieved consolidated net profits worth EGP 14.38 million in the first half (H1) of 2021, higher by 105% than EGP 7 million in H1-20.
Revenues increased to EGP 34.59 million in H1-21, compared to EGP 25.99 million in H1-20, according to the income statements on Wednesday.
As for the standalone financial results, the real estate developer registered net profits worth EGP 2.1 million in the January-June 2021 period, down from EGP 60.36 million in the same six months last year.
