Nasr Company for Civil Works awarded $11mln contract by MNHD

The works will be implemented at Taj City

  
 
Cairo – Mubasher: Nasr Company for Civil Works has been awarded a contract by Madinet Nasr Housing and Development (MNHD) to implement the facility works at Taj City.

The estimated value of these works amounts to EGP 166.2 million, the company said in a bourse disclosure on Tuesday.

During the first half (H1) of 2021, the company incurred net losses of EGP 9.47 million, versus net profits of EGP 5.87 million in H1-20.

The revenues fell to EGP 66.81 million in the January-June period from EGP 98.44 million in the year-ago period.

Source: Mubasher

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