New Ismailia expects EGP 1.4M in revenues
Updated 12/22/2020 11:16:00 AM
ArabFinance: New Ismailia for Urban Development Company predicts to achieve revenues worth EGP 1.43 million in its 2021 income statement, according to a December 22nd disclosure.
The company also expects a net profit of EGP 39,000 next year, as well as a cash flow budget of EGP 551,000.
The company incurred a net loss of EGP 1.62 million in 2019.
New Ismailia focuses on planning and establishing urban areas, while carrying out infrastructure projects such as drinking water, sanitation, electricity, roads, communications, and multiple garages.
