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ELSaeed Contracting’s Q1 profits reach EGP 32M

ELSaeed Contracting’s Q1 profits reach EGP 32M

ArabFinance: ELSaeed Contracting & Real Estate Investment Company (SCCD) (UEGC) announced Monday, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The company posted consolidated net profits of EGP 32 million in the first quarter of 2019, compared to EGP 13.5 million profits in the year-ago period.

Moreover, it posted standalone net profits of EGP 32.25 million in the three-month period of 2019, compared to EGP 13.5 million profits recorded in the year before.

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