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Amer Group posts 79% drop in 2013 profit

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 …

Daily News Egypt

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