Cairo – Mubasher: Nasr Company for Civil Works posted a 44.1% fall in net profit for the first half of 2015 to EGP 6 million ($777,370), compared with EGP 10.85 million ($1.39 million) reported in the corresponding period a year earlier, the company said in a bourse filing.
H1 gross profit also dropped by 40.7% year-on-year to EGP 9.68 million, from EGP 16.32 million.
Q1 net profit stood at EGP 2.97 million, down from EGP 4.4 million in Q1-14.
