Arab Finance: Gulf Canadian Real Estate Investment (CCRS) cut losses by around 43.98% during the first six months of 2024, recording a net loss after tax of EGP 339,947, down from EGP 606,788, according to financial statements filed to the Egyptian Exchange (EGX) on August 15th.
The company did not achieve any sales.
Gulf Canadian specializes in developing and managing real estate assets. Its main activities are related to construction projects in housing, tourism, and urban development sectors, as well as industrial projects and other related fields.