Cairo – Mubasher: Gharbia Islamic Housing Development's profits skyrocketed 1282% to EGP 398,300 ($44,700) in the second quarter of 2016 from EGP 28,800 ($3,200) in Q2-15.
On the other hand, the company's net profits declined 55.7% to EGP 510,800 in H1-16 from EGP 1.15 million in H1-15, according to a bourse filing on Sunday.
