Heliopolis Housing of Egypt’s Nine-Month Profit Rose 9.4 Percent

Heliopolis Housing (HELI), an Egyptian property developer, said its nine-month profit increased 9.4 percent.

Net income for the period that ended Sept. 30 was 41.5 million Egyptian pounds compared with 37.9 million pounds a year earlier, the Cairo-based company said in a filing to the Egyptian bourse today.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at anamatalla@bloomberg.net

To contact the editor responsible for this story: Alaa Shahine at asalha@bloomberg.net

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