Reuters – Egyptian real estate company Amer Group posted a 79% drop in net profit for 2013.
Amer Group, which owns hotels, restaurants, malls, and other businesses, made EGP 31.996m ($4.60m) last year, compared with EGP 155.554m in 2012, it said in a statement on Monday.
Revenues for 2013 dropped to EGP 877.7m compared with EGP 1.15bn a year earlier.
