CAIRO: Egyptian real estate company Amer Group’s first-half net profit fell 13 percent to LE 201.4 million ($33.7 million), the bourse said on Tuesday.
Amer, a property conglomerate, began trading on the stock exchange on Nov. 30 last year after a heavily-oversubscribed initial public offering.
The firm, which owns hotels, restaurants, malls, a catering firm, a utilities company and other businesses, made a net profit of LE 232.3 million for the same period in 2010.
