50 vessels transit Suez Canal    Endowments Minister: Egypt has potentials for religious tourism    El-Sisi meets commander of northern military zone    Shoukry, Bahraini FM discuss Qatari crisis, bilateral relations    US military delegation arrives in Cairo Thursday    Fatwa Observatory condemned Boko Haram attacks in Nigeria    Joint Egyptian-Jordanian energy firms to be formed    New architectural elements discovered in Saint Pishoy's Monastery    Expert reveals why ‘Hasm' militia is called that way    British intelligence is consorting with Muslim Brotherhood—says analyst    Egypt's police kills 4 Hasm terrorists implicated in recent attacks    Trial of Al Jazeera for broadcasting violated content    تغريدة - ماذا قالت جمهاير أستون فيلا عن الظهور الأول للمحمدي "مبهر.. هو بالتحديد ما نحتاجه"    Gala Concert at the Alexandria Opera House    Gloria Gaynor visits Egypt's Pyramids ahead of concert    Gloria Gaynor arrives in Cairo, and yes she'll sing 'I Will Survive'    Former Brazilian football star Ronaldinho visits Egypt's Pyramids    مباشر انتقالات أوروبا – سانشيز يقرر مصيره مع أرسنال.. وبرشلونة يسترد ديولفيو    Mohamed Salah spends Eid holiday in Egypt after move to Liverpool    تغريدة – ماذا قال مشجعو ليفربول عن صلاح "الصفقة المسروقة وأسرع رجل حي"    2 June deadline to serve units allocated for Egyptian expats    Propertyfinder receives demand requests for property worth EGP 4.6bn in Q1    HHD, Al Oula sign EGP 500m finance lease to develop New Heliopolis City utilities    Egypt needs huge investments and 10 million tourists    Polezni Durak and the summit of Riyadh    Former ERTU head Safaa Hegazy mourned    How 5 alternatives left ‘no option' for Maspero Triangle residents    In Pictures: Lanterns' brightness glows Egypt's ashen streets    Borussia Dortmund win German Cup, beating Frankfurt 2-1    Raikkonen on pole as Ferrari lock out Monaco front row    Egypt pledges right to self-defence before UNSC by Libya airstrikes    Supreme Council of Antiquities to launch Cairo Pass permits for foreigners in Cairo and Giza    Summer Of Love: Beatles album &. Pepper's turns 50    Gomez penalty puts Wolfsburg in front in relegation playoff    Star Wars turns 40, but the Galactic Empire is far from over    High Administrative Court questions constitutionality of Emergency Law articles    Army destroys two tunnels beneath Egypt-Gaza border    After tribal clashes, is Sinai militancy turning into proxy war?    Newsreel    New Year routine    Imminent cabinet reshuffle    Footballer furore    In quest of national consensus    ‘Protecting the weakest'    Briefs    IMF open to scrutiny    Art heist goes wrong    All the fun of the Book Fair    







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Egypt's Palm Hills reduces H1 loss to LE80.7m
Country's second largest property developer curbs its 6-month losses
Published in Ahram Online on 12 - 09 - 2012

Palm Hills, Egypt's second-biggest listed property developer, reduced its net loss for the first half to LE80.7 million ($13.25 million) from LE81.4 million a year earlier, the stock exchange said on Wednesday.
The firm, battered by investigations into previous state land sales and by client cancellations after the uprising that toppled Hosni Mubarak last year, has made few new sales over the past 18 months.

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