Cairo - Mubasher: The consolidated financial statements of Wadi Kom Ombo Land Reclamation showed a jump in net profits between July 2016 and March 2017 by 169.5% year-on-year, according to a bourse filing.

The company said in a statement to the Egyptian Exchange (EGX) on Tuesday that profits reached EGP 8.67 million in the nine-month period, compared to EGP 3.21 million for the same period in the year before.

During the same period, revenues declined to EGP 29.76 million down from EGP 47.1 million.