Elsewedy Electric unit bags smart metres supply deal

Cairo – Mubasher: Elsewedy Electric Company said Tuesday that its subsidiary, Iskraemeco Energy Measurement, has won a supply contract to supply 50,000 smart metres out of a total of 250,000 metres, according to a bourse statement.

The statement did not mention any details about the agreement.

The company’s stock rose on Monday by 0.04% to EGP 78.23.

Mubasher Contribution Time: 07-Mar-2017 07:51 (GMT)
Mubasher Last Update Time: 07-Mar-2017 07:54 (GMT)