Delta for Construction turns to losses in Q3
Delta Construction & Rebuilding
DCRC
4.90%
20.98
0.98
DCRC
Cairo – Mubasher: Delta for Construction and Rebuilding said it turned to losses in the third quarter of 2016.
The company suffered losses of EGP 568,400 for Q3 – 2016, against profits of EGP 6.72 million for the same period of the previous year.
As for the first nine months of 2016, the company reported net profits of EGP 6.7 million down from EGP 19.03 million a year earlier.
Previously, the company reported net profits of EGP 7.31 million for the first half of 2016, up by 40.64% y-o-y.
Source:
Mubasher