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Heliopolis Housing records profits of EGP 16 million

Heliopolis Company for Housing and Development (HHD) recorded EGP 16 million in profits during the first half of the current fiscal year, compared to a net loss of EGP 84.57 million during the same period last fiscal year.

The company’s revenues rose to EGP 233.91 million during the first half of the current fiscal year, compared to profits of EGP 88.65 million in the same period of the last fiscal year.