Net profits were up 99.9% in Q1 (Photo Credit: Arabianeye-Reuters)
Utopia
UTOP
UTOP
Cairo – Mubasher: Utopia on Tuesday reported a surge in its net profits for the first three months of the year by 99.9%.
The real estate firm posted EGP 710,720 ($80,280) in Q1-16, up from EGP 355,530 ($40,160) in the corresponding period last year.
Annual profits for 2015 reached EGP 4.8 million, up 1,067% from figures reported in 2014.
Source:
Mubasher
