ArabFinance: Northern Upper Egypt Development & Agricultural Production (NUDAP) (NEDA) announced, in a statement sent to EGX, the audited financial results for the fiscal year 2019.
The company posted consolidated net profits of EGP 3,138,334, versus incurring net losses of EGP 8,809,250 in the same period a year ago, taking into account the minority rights.
Moreover, it posted standalone net profits of EGP 2,816,311, versus incurring net losses of EGP 8,050,543 in the same period last year.