BusinessEconomy

Egypt’s Medinet Nasr Q2 net profit up at LE62.42 mn

Egyptian property developer Medinet Nasr reported second-quarter net profit of LE62.415 million ($7.97 million), up from LE55.180 million in the same period last year, the company said on Sunday.

The company's sales were LE181.368 million, up from LE179.402 million, it said in a statement on the Egyptian bourse. ($1 = LE7.8300)

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