{"id":646615,"date":"2017-06-19T03:58:17","date_gmt":"2017-06-19T03:58:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/heliopolis-housing-says-11-month-net-profit-exceeds-full-year-target-buys-land-plot\/"},"modified":"2017-06-19T03:58:17","modified_gmt":"2017-06-19T03:58:17","slug":"heliopolis-housing-says-11-month-net-profit-exceeds-full-year-target-buys-land-plot","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/heliopolis-housing-says-11-month-net-profit-exceeds-full-year-target-buys-land-plot\/","title":{"rendered":"Heliopolis Housing says 11-month net profit exceeds full-year target, buys land plot"},"content":{"rendered":"

Heliopolis Housing announced that its profit figures for the first 11 months of FY 2016-17 have exceeded the targets for the entire year, according to an EGX disclosure<\/a>. Net profit for the first 11 months registered EGP 374 mn from revenues of EGP 730 mn as at 31 May. The company had projected a total net profit figure for the whole year of EGP 300.1 mn. Heliopolis Housing also announced<\/a> it is buying a 3.1k sqm plot of land in Cairo for EGP 87.2 mn from the General Company for Electrical Projects (ELEJECT).<\/p>\n","protected":false},"excerpt":{"rendered":"

Heliopolis Housing announced that its profit figures for the first 11 months of FY 2016-17 have exceeded the targets for the entire year, according to an EGX disclosure. Net profit for the first 11 months registered EGP 374 mn from revenues of EGP 730 mn as at 31 May. The company had projected a total […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646615","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"a33106e9-47e8-4372-a66d-916b761d9df6","order":"0","is_powered_by":true,"section_story_id":"1cc3880b-7911-41ad-8f07-b7fc7e29dfae","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646582],"teaser":"","voice_url":""},"yoast_head":"\nHeliopolis Housing says 11-month net profit exceeds full-year target, buys land plot - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/heliopolis-housing-says-11-month-net-profit-exceeds-full-year-target-buys-land-plot\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heliopolis Housing says 11-month net profit exceeds full-year target, buys land plot\" \/>\n<meta property=\"og:description\" content=\"Heliopolis Housing announced that its profit figures for the first 11 months of FY 2016-17 have exceeded the targets for the entire year, according to an EGX disclosure. 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The company attributed the sixfold increase in profits to the sale of a plot of land to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628422,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/03\/heliopolis-housing-reports-11-32-y-o-y-dip-in-net-profit-in-3q2017-18\/","url_meta":{"origin":646615,"position":4},"title":"Heliopolis Housing reports 11.32% y-o-y dip in net profit in 3Q2017-18","author":"enterpriseam admin","date":"3 May 2018","format":false,"excerpt":"EARNINGS WATCH- Heliopolis Housing & Development reported an 11.32% y-o-y decline in net profit after tax to EGP 120.5 mn in 9M2017-18, down from EGP 135.8 mn during the same period last year, according to a bourse filing (pdf). 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