Utopia achieves 27.2% net profit increase

  • Date: 07-Feb-2021
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Utopia achieves 27.2% net profit increase

Utopia achieves 27.2% net profit increase Utopia for Real Estate And Tourism Investment (UTOP) posted a 27.2% Year on Year increase in its net profit in 2020    ArabFinance: Utopia for Real Estate And Tourism Investment (UTOP) posted a 27.2% Year on Year increase in its net profit in 2020, according to the company's February 7thstatement to the Egyptian Exchange.Net profit stood at EGP 2.96 million in 2020, when compared to EGP 2.33 million in 2019.The listed company logged a net profit of EGP 3.21 million during the first nine months of 2020, compared to EGP 1.87 million in the same period of 2019.Established in 1999 and listed in 2009, Utopia is a public company that operates within the real estate sector focusing on diversified real estate activities.Copyright © 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).Zawya CoveragemetalsAgility subsidiary asked to evacuate from Kuwait sitetravelNew restrictions for Dubai flyers effective today; Denmark lifts ban on UAE flightsfinancial servicesSaudi's Bank Albilad names new chairman, vice chairman of boardtransportSaudi car rental firm eyes $23.4mln dividend after uptick in demandprecious metalsIs gold at risk of further price falls this year?MoreReuters CoverageenvironmentSnow dump puts northern Germany in deep