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Delta Construction achieves over EGP 11.5M profit

Delta Construction achieves over EGP 11.5M profit

ArabFinance: Delta for Construction and Rebuilding (DCRC) reported a slight Year on Year decline of 0.68% in its net profit for the first half (H1) of 2020, according to the company’s August 13th financial statements.

Net profit stood at EGP 11,634,404 in H1 of 2020, compared to EGP 11,714,250 achieved in H1 2019.

In 2019, the company posted net profits of EGP 3,475,131, a decline from EGP 8,928,965 in the same period a year ago.

Delta is an Egypt-based public shareholding company engaged in the real estate investment sector.

The company’s activities include developing, owning, managing, buying, and selling residential real estate properties, as well as land subdivision and touristic projects development such as resorts and hotels.

 

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