Cairo – Mubasher: Orascom Development Egypt on Thursday said it aims to generate EGP 4 billion in revenues this year.
The firm also eyes a profit ranging between EGP 1.4 billion and EGP 1.45 billion before interests and taxes in 2019, according to a statement to the Egyptian Exchange (EGX).
Earlier on Thursday, the company reported a 28% growth in its consolidated profits for the fiscal year 2018, logging EGP 500.19 million, compared to EGP 391.9 million during 2017.
The EGX-listed company on Tuesday said it has not been officially called by any government entity to give up Amon Island in Aswan.
