< Arab Finance - News - CIRA reports increase in annual profit

Market is closed

EGX 30 10,200.56 -0.46%

Count Down to relaunch



CIRA reports increase in annual profit

CIRA reports increase in annual profit

ArabFinanceCairo for Investment and Real Estate Development (CIRA) posted a consolidated net profit attributable to the parent company of EGP 330.81 million for the year ended August 31st, 2021, up from EGP 254.76 million in the previous year, according to the company’s financial statements filed to the Egyptian Exchange (EGX).

Consolidated operating revenue grew to EGP 1.39 billion in the period from September 1st, 2020, to August 31st, 2021, as compared to revenue of EGP 1.08 billion in the year ended August 31st, 2020.

On the other hand, standalone net profit stood at EGP 148.21 million in the year ended August 31st, 2021, up from EGP 143.99 million in the previous year.

CIRA is an Egypt-based company, operating in the investment field across diversified sectors, including education, construction and real estate, health care, information technology, and support services.

 

#Related keywords

'

Recommended Stocks

04 Oct 2021
United Housing & Development UNIT
Close
02.77
Change
-07.36
Buy

All rights reserved to Arab Finance 2020 ©

Back to top