< Arab Finance - News - New Ismailia narrows loss to EGP 1.13M
Count Down to relaunch



New Ismailia narrows loss to EGP 1.13M

New Ismailia narrows loss to EGP 1.13M

ArabFinance: New Ismailia for Urban Development Company (IDRE) cut its net loss to EGP 1.13 million in 2020, compared to EGP 1.63 million in 2019, according to the company’s February 24th disclosure to the Egyptian Exchange.

The listed company suffered a net loss of EGP 707,822 during the first half of 2020, a higher 18% when compared to EGP 601,218 in the same period of 2019.  

New Ismailia focuses on planning and establishing urban areas while carrying out infrastructure projects such as drinking water, sanitation, electricity, roads, communications, and multiple garages.

 

 

#Related keywords

'

Recommended Stocks

13 Jun 2022
Delta Sugar SUGR
Close
14.12
Change
-00.49
Hold

All rights reserved to Arab Finance 2020 ©

Back to top