Cairo –  Giza General Contracting and Real Estate Investment Company has been awarded a new project worth EGP 240.795 million by the Egyptian cabinet.

The project includes water, sewage, and road works of the social housing project in El-Narges located in the 15th of May City, according to a bourse disclosure on Sunday.

During the first half (H1) of 2021, Giza General Contracting and Real Estate Investment Company reported consolidated net profits of EGP 32.39 million, up from EGP 25.18 million in H1-20, including minority shareholders' rights.

The revenues leapt to EGP 630.4 million in the January-June period from EGP 342.14 million in the year-ago period.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.