ArabFinance: Wadi Kom Ombo Land Reclamation (WKOL) targets a net profit of EGP 13.697 million for the fiscal year (FY) 2021/2022, according to the company’s March 8th statement filed to the Egyptian Exchange.
In 2019/2020, Wadi Kom Ombo achieved a net profit of EGP 23.400 million.
The company reported a net profit of EGP 9.25 million in July-December 2020, compared to EGP 16.08 million in 2019.
Wadi Kom Ombo is an Egypt-based company that is engaged in the real estate development sector.
The company is involved in land reclamation, real estate development, and general contracting services, such activities as sale and purchase of land for building and agriculture, and operates it for its own account and third parties.