ArabFinance: El-Ebour Company for Real Estate Investment (OBRI) posted a 28% Year on Year increase in its net profit for Quarter One (Q1) of 2020, according to a May 12th financial statements filed to the Egyptian Exchange.
Net profit reached EGP 357,602 in Q1 2020, compared to EGP 280,302 achieved in Q1 2019.
In April, the company's shareholder approved paying EGP 0.30 per share as cash dividends for 2019.
Established in 1994, El-Ebour Company operates within the real estate sector, focusing on diversified real estate activities.