National Housing profits jump ending 2017

Updated 3/11/2018 10:39:02 AM

ArabFinance: National Housing for Professional Syndicates (NHPS) announced in a statement sent to EGX the audited financial results for the fiscal period starting January 1, 2017, and ending December 31, 2017.

The company posted net profits of LE8,101,514, versus net profits of LE238,126 in the same period a year ago.

The company stated it won't distribute profits due to incurring delayed losses of LE7,742,424.