Photo Credit: Arabianeye-Reuters
Wadi Kom Ombo
WKOL
-1.49%
89.54
-1.35
WKOL
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.
Source:
Mubasher