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Giza General Contracting Q1 profit hikes by 22%

Giza General Contracting Q1 profit hikes by 22%
Giza General Contracting
GGCC
-1.86% 0.37 -0.01
Giza General Contracting and Real Estate Investment financial statements for Q1-FY14 showed EGP 10.6 million net profit, with growth by 22% from EGP 8.7 million in the same period a year earlier. The property developer had posted a 36.2% rise in FY13 earnings to nearly EGP 28.158 million, compared with EGP 20.678 million net profits in FY12.