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Business

Egypt’s Talaat Moustafa posts 15% increase in Q1 net profit

Daily News Egypt
Last updated: May 14, 2014 4:33 pm
Daily News Egypt
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Reuters – Egyptian property developer Talaat Moustafa posted a first-quarter profit after tax of EGP 160.8m ($23m) on Wednesday, up 15% from a year earlier, it said in an emailed statement. Revenues fell to EGP 1.14bn from EGP 1.52bn, it said.

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