El Kahera Housing Registers EGP71.5 Million Profits in Q1

Big 5

El Kahera Housing Company (ELKA.CA) attained EGP71.5 million profits within the first quarter of this year against EGP52.7 million in the same period of 2013, move up by 36% growth rates, according to consolidated financial statements.

The Non-Consolidated Financial Statements revealed that ELKA registered EGP25.5 million net profits in compared to EGP14.6 million.