Cairo – Mubasher:  Giza General Contracting and Real Estate Investment Company released its consolidated financial statements for the first six months of 2019, which showed a 1.4% year-on-year increase in profit.

The company’s consolidated profit reached EGP 40.06 million in H1-19, compared to EGP 39.47 million in the year-ago period, according to a bourse statement released on Wednesday.

The EGX-listed firm’s consolidated revenue went up to EGP 545.99 million from January to the end of June, against EGP 449.53 million the year before.

Moreover, the standalone financial statements of Giza General Contracting showed that the company’s profit grew to EGP 40.15 million in the first half of the year, from EGP 39.25 million in H1-18.