Nasr Company for Civil Works awarded deal in Fayoum

Cairo – Mubasher: Nasr Company for Civil Works has been awarded a contract by the Arab Organization for Industrialization (AOI) to design and implement a sanitation project at El-Mashrak Qebli village in the Fayoum Governorate.

The project will be implemented at an estimated cost of EGP 174 million, Nasr Company said in a bourse disclosure on Sunday.

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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