Emaar Misr Q3 net profit rises to 479.4 mln Egyptian pounds

Emaar Misr for Development, the Egyptian unit of UAE property conglomerate Emaar Properties, said Monday its third-quarter net profit jumped to 479.4 million Egyptian pounds ($27 million).

Profit earlier stood at 372.1 million pounds during the third quarter of 2016, according to a bourse filling.

The company made revenues worth 840.7 million up from 719 million last year.

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