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Delta for Construction reports 37% profit decline in H1 2021

Delta for Construction reports 37% profit decline in H1 2021

ArabFinanceDelta for Construction and Rebuilding (DCRC) posted a net profit of EGP 7.328 million in half one (H1) 2021, according to the company’s financial statements filed to the Egyptian Exchange.

This marked a Year on Year (YoY) decline of 37% when compared to EGP 11.634 million in H1 2020.

Delta posted a net profit of EGP 3.684 million in quarter one of 2021.

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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04 Oct 2021
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