Mubasher TV
Contact Us Advertising   العربية

Elsaeed Contracting sells office spaces for EGP 140m

Elsaeed Contracting sells office spaces for EGP 140m
The company achieved net profits of EGP 43.29 million in 2019
Elsaeed Contracting
UEGC
-3.82% 0.83 -0.03

Cairo – Mubasher: Elsaeed Contracting and Real Estate Investment Company announced signing a deal to sell office spaces at its Darna building.

The value of the deal amounted to EGP 140.35 million, according to a bourse disclosure on Sunday.

It is noteworthy to mention that in 2019, the company achieved net profits of EGP 43.29 million, down from EGP 57.04 million in 2018.