Amer Group Says 9-Month Profit Hits EGP 191.3 Mln

Egyptian developer and operator of resorts and restaurants, Amer Group Holding (AMER.CA) announced on Sunday its 9-month consolidated business results reporting a net profit of EGP 191.3 million, compared to a net profit of EGP 232.7 million for the same period a year earlier.

Meanwhile, the firm’s 9-month standalone business results revealed a net loss of EGP 20.4 million, reversing a net profit of EGP 462.6 million for the same period a year earlier.