Cairo – Mubasher: Delta for Construction and Rebuilding Company’s earnings declined in the first quarter of fiscal 2016 by 15% year-on-year.
Net profit reached EGP 4.57 million ($515,920) in Q1-16, versus EGP 5.39 million ($607.370) in Q1-15, according to a bourse statement released on Tuesday.
The company earlier reported a net profit of EGP 11.5 million in 2015, compared to EGP 4.3 million in 2014.
