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General Company for Land Reclamation turns to loss in 2023

The General Company for Land Reclamation, Development, and Reconstruction (AALR) recorded EGP 20.596 million in net losses after tax during 2023, compared to net profits of EGP 3.021 million in 2022.

Updated 1/28/2024 10:06:00 AM
General Company for Land Reclamation registers 39.4% YoY lower loss in 3 months

General Company for Land Reclamation is an Egypt-based company engaged in the real estate development sector. The company focuses on the reclamation and farming desert and port lands for third parties or the sale of them to investors.

Updated 11/7/2023 10:00:00 AM