Palm Hills Posts 99.1 Million-Pound Nine-Month Loss After Profit

Palm Hills Developments SAE, an Egyptian luxury real estate developer, said it had a nine-month loss of 99.1 million Egyptian pounds after a profit of 345.1 million pounds a year-earlier.

The Cairo-based company made the statement in a filing to the Egyptian bourse today.

To contact the reporter on this story: Ahmed A Namatalla in Cairo at

To contact the editor responsible for this story: Inal Ersan at

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