Wadi Kom Ombo for Land Reclamation posts profit decline in FY 2020/2021

Earnings per share declined

  

ArabFinance: Wadi Kom Ombo for Land Reclamation Company (WKOL) reported a net profit after tax of EGP 22.015 million for fiscal year (FY) 2020/2021, compared to a profit of EGP 23.38 million in FY 2019/2020, according to the company’s financial statement filed to the Egyptian Exchange (EGX).

Earnings per share (EPS) amounted to EGP 3.113 in FY 2020/2021, compared to EPS of EGP 4.099 in FY 2019/2020.

Wadi Kom Ombo is an Egypt-based company that is engaged in the real estate development sector.

The company is involved in land reclamation, real estate development, and general contracting services, such activities as sale and purchase of land for building and agriculture, and operates it for its own account and third parties.

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