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Egyptians for Investment posts 14% profit drop in H1

Egyptians for Investment posts 14% profit drop in H1
Egyptians for Investment & Urban Development posted a 14% fall in H1-14 net profit to EGP 896.515 thousand, from EGP 1.04 million net profit in the same period a year earlier.
The company had reported EGP 303.5 thousand net profit in Q1 that ended on March 31, 2014, with a decline by 10% from EGP 337.5 thousand in the same period a year earlier. FY13 profit had netted EGP 1.143 million net profit, compared with EGP 1.216 million in FY12.