CAIRO: Egyptian real estate company Amer Group reported on Tuesday a 2010 full-year net profit of LE 557.1 million ($94 million), up 10.6 percent on the previous year.
It reported net profit of LE 503.6 million in 2009.
Shares in the property conglomerate, which sells holiday homes on Egypt’s coasts and elsewhere, began trading on the stock exchange at the end of November following a heavily oversubscribed initial public offering (IPO).