Mashaer Holding Company said that Masaa Real Estate Company (a closed Egyptian shareholding company) affiliated with Masaa Real Estate Company affiliated with "Mashaer Holding " sold 6 residential units in Egypt for a value of 50,75million Egyptian pounds, equivalent to 304,48 thousand dinars.

"Mashaer" revealed that the financial impact of this deal is represented by an increase in the cash equivalent item of the same value as the deal, and a decrease in the investment real estate item by 10.85 million pounds, equivalent to 65.12 thousand dinars.

The company also indicated that these financial impacts will be reflected in the financial statements for the fourth quarter of this year, after deducting income tax, by achieving a profit of 28.09 million pounds (equivalent to 168.57 thousand dinars).