Giza General Contracting posts lower Q1 profits

Cairo – Mubasher: Giza General Contracting and Real Estate Investment said its profits declined 43.5% in the first quarter of 2016, said the company in a bourse filing.

The company earned EGP 15.89 million in Q1 compared with EGP 28.12 million for Q1-15.

The company saw net profits of EGP 52.6 million in 2015, up from EGP 40.3 million a year earlier.

Mubasher Contribution Time: 29-May-2016 09:01 (GMT)
Mubasher Last Update Time: 29-May-2016 09:01 (GMT)