Arab Finance: Gulf Canadian Real Estate Investment (CCRS) recorded a 180.56% year-on-year (YoY) increase in net loss after tax during the first half (H1) of 2023, reaching EGP 606,788, compared to EGP 216,277, according to financial statement filed to the Egyptian Exchange (EGX) on August 15th.
The company did not record any sales in the first six months of 2023.
Established in 1998, CCRS is mainly engaged in carrying out construction, housing, tourism, urban development, and industrial projects.