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General Land Reclamation OGM approves FY17/18 budget

General Land Reclamation OGM approves FY17/18 budget
The company targets a net profit of EGP 4.8 million in FY17/18

Cairo – Mubasher: General Company for Land Reclamation, Development and Reconstruction’s ordinary general meeting (OGM) has adopted the estimated budget for fiscal year 2017/2018, according to a bourse filing.

The company had earlier said that it targets a net profit of EGP 4.8 million in FY17/18. The investment budget was set at EGP 16.02 million.