Northern Upper Egypt Development turns to profit ending March 2019
Updated 5/16/2019 11:04:00 AM
ArabFinance: Northern Upper Egypt Development & Agricultural Production (NEDA) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.
The company posted consolidated net profits of EGP 1,432,730, against incurring net losses of EGP 1,234,505 in the same period a year ago, taking into account the minority rights.
Moreover, it posted standalone net profits of EGP 1,013,561, against incurring net losses of EGP 1,005,628 in the same period last year.
