Cairo – Mubasher: Land Reclamation said it turned to profitability in the first half of the fiscal year 2015/16.
The company posted net profits of EGP 1.5 million for H1-FY15/16, against losses of EGP 4.4 million for the same period of the previous year.
The company reported earlier, net profits of EGP 674,000 for the first quarter of the fiscal year 2015/16, down from EGP 4.6 million for the comparable period of the preceding year.
