Egypt's TMG holding sees 40% rise in profits in Q3

Ahram Online, Thursday 13 Nov 2014

Talaat Moustafa Group (TMG) holding posts a 40.2 percent rise in third quarter net profits compared to the same period last year

Madinaty
The entrance of a TMG project called Madinaty (File Photo)

Egypt's Talaat Moustafa Group (TMG) holding posted a 40.2 percent rise in third quarter net profits compared to the same period last year, the company announced in a statement on Thursday.

The real estate developer achieved a bottom line of LE137.5 million in the three months ending 30 September, compared to LE98.1 million in the same period last year.

 

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