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FinancialNews


  • 02-12-18

    Egyptian Orascom jumps 44.96 percent in Jan-Sept profit

    (MENAFN) Egypt's Orascom Construction was confirmed to have registered a 44.96 percent jump in its income from January to September this year.

    The Egyptian Orascom Construction reached USD119.3 million in profit by September, compared to the USD82.3 million recorded in 2017.

    The Egyptian company, according to financial indicators, stood at USD273.2 million in its gross profits from the USD248.8 million seen last year during the same period.

    The company also gained profits of USD202.3 million during the first nine months, from USD14.2 million of losses seen last year.

    MENAFN0212201800450000ID1097773893

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