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Heliopolis ... working on several key projects in Egypt.

Egypt's Heliopolis Housing profit up 25.5pc

CAIRO, April 21, 2015

Egypt's Heliopolis Company for Housing and Construction said on Monday its net profit rose by a quarter in the nine months to end-March.

The net profit rose to E£153.7 million ($20.2 million) from July to March compared to E£122.5 million ($16 million) a year ago.

An affiliate of the National Company for Construction and Development, Heliopolis is listed on the Egyptian Exchange since May 1995.

The Cairo-based company operates within the consumer durables and apparel sector focusing on homebuilding. It has 11 subsidiaries operating across Egypt.-Reuters




Tags: Egypt | Housing |

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