The board of administrators of El-Ebour Co. for Actual Property Funding authorized unanimously elevating the corporate’s issued capital to EGP 200 million from EGP 88.14 million.
The EGP 111.85 million capital increase can be distributed amongst 22.37 million shares at a par worth of EGP 5 per share, in accordance with a bourse disclosure on Thursday.
It’s value noting that through the first 9 months (9M) of 2022, the true property developer achieved EGP 4.04 million in internet income, in comparison with EGP 831,140 within the year-ago interval.
Revenues for 9M-22 hit EGP 62.95 million, a surge from EGP 46.63 million in 9M-21.
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