Cairo – Mubasher: Nasr Company for Civil Works posted on Wednesday a 40% fall in its profits for fiscal year 2016 to EGP 7.51 million, versus EGP 12.52 million for FY15.
The company’s board recommended the distribution of 1-for-10 bonus shares worth EGP 3.33 million for the year, subject to an approval by the ordinary general meeting, according to a bourse filing.