Cairo - Mubasher: The financial statement of Nile City Investment showed a surge in profits by 486.62% year-on-year for the first nine months of 2016, according to a bourse filing.
The company said in a statement to the Egyptian Exchange (EGX) on Sunday that profits amounted to EGP 113.12 million, compared to EGP 18.96 million for the same period in 2015.
During the nine-month period, revenues rose to EGP 470.2 million up from EGP 302.45 million for the same period in the year before.
