Hi Egypt's Palm Hills Q3 profits rise to 129.7 mln Egyptian pounds.

Hi Egypt's Palm Hills Q3 profits rise to 129.7 mln Egyptian pounds.

Nov 9 (Reuters) - Palm Hills, Egypt's second-largest listed real estate developer, said on Sunday third-quarter net profits rose to 129.70 million Egyptian pounds ($18 million).

The company reported profits of 51.47 million Egyptian pounds for the same period last year.

(1 US dollar = 7.1500 Egyptian pound) (Reporting By Ehab Farouk; editing by Keiron Henderson).

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