Remco targets EGP 1bn contractual sales in 2019

Cairo – Mubasher: Remco for Tourism Villages Construction aims to achieve real estate contractual sales of EGP 1 billion in 2019.

Sales will be generated from a host of projects, mainly its project in the New Administrative Capital and Stella Sokhna 2 previously revealed in 2017 and 2018, the company said in a statement to the Egyptian Exchange (EGX) on Monday.

It is noteworthy that during the first half of 2019, the company turned to profits of EGP 2.6 million, against a loss of EGP 78.14 million in the year-ago period.

Mubasher Contribution Time: 30-Sep-2019 14:29 (GMT)
Mubasher Last Update Time: 30-Sep-2019 14:29 (GMT)