Egypt's Talaat Moustafa profit up by 12% in first half of 2014

Revenues were up to 2.663 billion pounds compared to 2.418 in the first half of 2014. (Shutterstock)

Egyptian property developer Talaat Moustafa said on Thursday its net profit was up 12 percent for the first half of 2014.

Its after-tax profit was 351.543 million Egyptian pounds (49.17 million U.S. dollar) in the six months to June 30, compared to 312.755 ($43.73) in the first half of 2014.

Revenues were up to 2.663 billion pounds compared to 2.418 in the first half of 2014.

(1 US dollar = 7.1500 Egyptian pound)
 

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Last Update: Wednesday, 20 May 2020 KSA 09:42 - GMT 06:42
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