Heliopolis Housing & Development

Heliopolis Co., a subsidiary of National Company for Construction and Development, is engaged in construction and housing projects. The Company.s operations include land reclamation and subdivision, residential real estate development and management, real estate properties purchase and sale, real estate projects planning and supervising, as well as constructing of houses, hotels, holiday resorts, and hospitals properties.
Financial Performance:
EGP116.6 in 9M10/11 compared to a net profit of EGP121.8 in 9M09/10. Bottom line came in line with CICRe of EGP113.9mn