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Emerald Development records EGP 52m block trading deal

Emerald Development records EGP 52m block trading deal
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Emerald
EMDE
-10.00% 1.79 -0.18

Cairo – Mubasher: The Egyptian Exchange (EGX) has announced an EGP 52.276 million block trading deal on the shares of Emerald Development & Projects Management.

The transaction was implemented on 212.5 million of the company's shares, according to a bourse filing on Tuesday.

It is noteworthy to mention that during the first half (H1) of 2021, the company's net profits increased to EGP 14.38 million, compared to EGP 7.009 million in the year-ago period.