Nasr Company for Civil Works’ losses shrink 53% in 9 months

Updated 11/5/2023 10:56:00 AM
Nasr Company for Civil Works’ losses shrink 53% in 9 months

Arab Finance: Nasr Company for Civil Works’ (NCCW) net losses after tax narrowed by 53.13% year on year (YoY) in the nine months to September in 2023 to EGP 10.088 million, compared to EGP 21.522 million, as per unaudited financial indicators released on November 5th.

Meanwhile, revenues hiked to EGP 188.01 million from January through September, up 135.7% from EGP 79.771 million during the same period of last year.

Nasr for Civil Works is an Egypt-based public shareholding company engaged in the construction sector. The company provides construction and development contracting services for infrastructural projects related to energy, utilities, housing, roads, and ports.

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