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Giza General Contracting wins EGP140 mln projects in New Sohag

Giza General Contracting wins EGP140 mln projects in New Sohag
Giza General Contracting and Real Estate Investment announced that it was awarded two projects in New Sohag at a total value of EGP 140.254 million.
The company will build 23 apartment blocks in the first project at EGP 64.835 million and 25 apartment blocks in the second project at EGP 75.419 million.
The company’s financial statements for H1-14 had shown EGP 18.6 million net profit, representing an increase by 26% compared with EGP 14.8 million in H1-13.
The company had reported EGP 10.6 million net profit in Q1, with growth by 22% from EGP 8.7 million in the same period a year earlier.