NUDAP turns to profit ending Sept. 2019
Updated 11/17/2019 10:42:00 AM
ArabFinance: Northern Upper Egypt Development & Agricultural Production (NUDAP) (NEDA) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2019, and ending Sept. 30, 2019.
The company posted consolidated net profits of EGP 4,685,483, against incurring net losses of EGP 2,679,012 in the same period a year ago, taking into account the minority rights.
Moreover, it posted standalone net profits of EGP 4,154,395, against incurring net losses of EGP 2,409,809 in the same period last year.
