June 3rd, 2008
1Q08 Consolidated Results: Below Expectations
▪A Drop in sales to EGP6.3 million from EGP101.6 million
▪A decline in margins across the board as the company did not sell any land in 1Q08
▪A net loss of EGP7.6 million in 1Q08

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ERC1Q08Bulletin.pdf	62.9 KB