CAIRO: Talaat Moustafa Group, Egypt’s biggest listed developer, posted a 43 percent decline in its 2011 nine-month net profit to LE 493.7 million ($82 million), the bourse said on Monday.
The firm made a profit of LE 863.6 million in the same period of last year.
The company also posted a 28 percent drop in nine-month sales to LE 2.1 billion ($351 million). The firm made LE 2.9 billion in sales for the same period last year.
