CAIRO: Egyptian property developer Heliopolis Housing’s net profit dropped 17 percent to LE 125.6 million ($21 million) in the full year to the end of June, the stock exchange said on Tuesday.
The mostly state-owned company, one of Egypt’s oldest home builders, made a profit of LE 151.5 million in fiscal year 2009-2010, the bourse said in a statement, without adding further details.
