Copper for Commercial Investment turns profitable in H1

Updated 7/27/2023 10:07:00 AM
Copper for Commercial Investment turns profitable in H1

Arab Finance: Copper for Commercial Investment and Real Estate Development (COPR) earned EGP 32,713 in net profits after tax in the first half (H1) of the current year, compared to losses of EGP 4.364 million over the same half of 2022, the firm’s financial statement on July 27th.

Meanwhile, net operating losses fell to EGP 1.828 million in the six-month period, down from EGP 2.044 million during the same period of last year.

Established in 1985, the company undertakes all activities related to real estate such as contracting and technical and engineering supervision, as well as conducting feasibility studies and drawing engineering designs for itself and third parties.

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