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New Ismailia eyes EGP 13.9M profit in 2031

New Ismailia eyes EGP 13.9M profit in 2031

ArabFinanceNew Ismailia for Urban Development Company (IDRE) is expecting to achieve a net profit after tax of EGP 13.883 million in 2031, according to the company’s plan for the future which was filed to the Egyptian Exchange (EGX) on Wednesday. 

The company is seeking a revenue of EGP 24.833 million in 2031, up from EGP 13 million in 2022.

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.

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