Solidere eyes $450m worth real estate sales
Beirut, May 30, 2010
Lebanese heavyweight real estate firm Solidere said on Sunday it was in negotiations with investors over real estate sales worth about $450 million, which it expected to sign over the coming months.
The country's largest listed company posted a 2009 net profit stood of $182.2 million, marginally down from the 2008 figure of $182.7 million.
The company, which is the country's largest listed company, said in a statement that pretax profit was $214.9 million. - Reuters