Cairo – Mubasher: Delta for Construction and Rebuilding has reported a 5.5% year-on-year profit increase during the first six months of 2019, recording EGP 11.71 million.
The company ascribed the increase in its revenue to the improvement in the delivery rate of units in Delta Star Project, according to a bourse statement released on Tuesday.
Delta’s revenue doubled to EGP 127.58 million in H1-19, compared to EGP 67.45 million in the year-ago period.
The EGX-listed company posted EGP 12.12 million profit in the first quarter of 2019, against EGP 1.57 million the year before.
