Cairo-Mubasher: El Arabia for Land Reclamation reported net profits of EGP 5.15 million in the fiscal year ended 30 June 2015, against losses of EGP 7 million in the previous year.
The firm said earlier it brought down its losses by 68.5% to EGP 2.1 million in the first nine months of FY14/15, compared with EGP 6.7 million for the same period of the previous year.
The company is capitalised at EGP 26 million, distributed across 5.2 million shares at EGP 5 par value each.
