Emaar Misr says first-half net profit up 283% to $66.7 mn

 Egyptian property developer Emaar Misr said on Tuesday its first-half net profit jumped 283 percent to LE522 million ($66.67 million).

Revenue rose to LE1.56 billion, the firm said in a statement.

Emaar Misr, a unit of Dubai's Emaar Properties, sold about 13 percent of its shares and raised LE2.28 billion in an initial public offering in June.

($1 = LE7.8300) 

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