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United Housing & Development profits rise to LE105 m ending Dec 2018

United Housing & Development profits rise to LE105 m ending Dec 2018

ArabFinance:  United Housing & Development (UNIT) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2018, and ending December 31, 2018.

The company posted consolidated net profits of LE104,860,787, versus net profits of LE94,978,510 in the same period a year ago, taking into account the minority rights.

Moreover, it posted standalone net profits of LE104,205,317, versus net profits of LE95,002,710 in the same period last year.

It is worth mentioning the board suggested profit distribution attributable to shareholders of LE70,800,781 for the FY 2018. 

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