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First Investment’s Q2 profits leap 994%

First Investment’s Q2 profits leap 994%
Photo Credit: Arabianeye-Reuters
First Investment
FIRE
-2.36% 2.89 -0.07

Cairo – Mubasher: First Investment and Real Estate Development announced a jump in its profits for the second quarter of 2016, according to a bourse filing.

Q2 net profit leapt 994% year-on-year to EGP 218,000 from EGP 19,900.

H1 net profit increased 375% year-over-year to EGP 427,000 from EGP 89,900.