(MENAFN) Egyptian Elsaeed Contracting and Real Estate Investment Company announced a 122.9 percent hike in net profits, registering USD9.1 million in the first half of 2015.
The latest results from the company show a rise on the same period in 2014, when it registered net profits of USD4.08 million, the company said in its financial results report.
The company's gross profits recorded USD15.9 million in the above-mentioned period, compared to USD4.67 million registered in the corresponding period of last year.
On a quarterly basis, the company has achieved USD7.92 million in the second-quarter period of 2015, compared to USD1.94 million registered in the April-June period of 2014.
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