ArabFinance: Amer Group Holding (AMER) achieved a consolidated net profit of EGP 95.56 million during the first nine months of 2021, compared to EGP 12.63 million in the corresponding period of 2020, according to the company’s filing to the Egyptian exchange (EGX).
The company’s standalone net profit recorded EGP 17.08 million by the end of September 2021, compared to EGP 38.57 million in the same period a year ago.
On a yearly basis, the company’s consolidated net profit jumped 20%, registering EGP 84.42 million during the first half of 2021.
Amer Group is engaged in diversified industry sectors, with its operations being structured into many segments, namely real estate, restaurant, hotel, malls, retail, among others.