Cairo – Mubasher: Emerald Real Estate Investment reported a 77% year-on-year (YoY) surge in its net profits, logging EGP 22.34 million in the first nine months of 2021, compared to EGP 12.61 million.
The revenues increased to EGP 44.69 million in the January-September period from EGP 37.405 million in the prior-year period, the company said in a bourse disclosure on Wednesday.
During the first half (H1) of 2021, the company achieved net profits of EGP 12.88 million, up from EGP 7.89 million in H1-20.
The revenues grew to EGP 28.17 million in the January-June period from EGP 25.99 million in the corresponding period a year earlier.
