Cairo – Mubasher: Delta for Construction and Rebuilding reported a 97% year-on-year jump in its net profits during the first nine months of 2019.
Net profits surged to EGP 20.4 million in the January-September period, compared to EGP 10.3 million in the prior-year period, the company said in a statement to the Egyptian Exchange (EGX) on Thursday.
The company’s activity revenues skyrocketed to EGP 197.8 million in the nine-month period ended 30 September, compared to EGP 70.2 million in the same period a year earlier.
It is noteworthy that during the first half of 2019, the Egyptian firm’s net profits amounted to EGP 11.71 million, up from EGP 11.09 million in H1-18.
