Egypt’s Palm Hills sales rise to 1.52 bln pounds in Q3-FY2017/18

Egypt’s second largest listed real estate developer firm Palm Hills announced Tuesday that its sales increased to 1.52 billion Egyptian pounds ($85.8 million) during the third quarter of financial year 2017/2018.

Sales earlier stood at 1.48 billion pounds during the third quarter of financial year 2016/2017.

During the three months ended in September 2017, profits dropped to 117.6 million pounds from 234.9 million pounds during the same period in 2016.