Egypt: Nasr for Civil Works turns profitable in 9 months

An employee counts Egyptian pounds in a foreign exchange office in central Cairo, Egypt, November 3, 2016. Image used for illustrative purpose.
Mohamed Abd El Ghany

Revenues rose to $5.66mln

Staff Writer, Arab Finance

November 8, 2024

PHOTO
An employee counts Egyptian pounds in a foreign exchange office in central Cairo, Egypt, November 3, 2016. Image used for illustrative purpose.

Egypt - Nasr Company for Civil Works (NCCW) registered net profits after tax of EGP 5.485 million in the first nine months of 2024, versus net losses of EGP 22.081 million in the same period in 2023, as per the company’s financial indicators.

Meanwhile, revenues rose to EGP 279.274 million from EGP 248.954 million.

Nasr for Civil Works is an Egypt-based public shareholding company engaged in the construction sector.

The company provides construction and development contracting services for infrastructural projects related to energy, utilities, housing, roads, and ports.

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