Cairo - Mubasher: Wadi Kom Ombo Land Reclamation on Wednesday announced that its net profits surged by 208.6% year-on-year during fiscal year 2017/2018.
Profits amounted to EGP 27.98 million in FY17/18, compared to EGP 9.06 million in FY16/17, the company said in a filing to the Egyptian Exchange (EGX).
Revenues grew to EGP 131.8 million at the end of June, versus EGP 64.2 million a fiscal year earlier.
Wadi Kom Ombo previously reported a 132% year-on-year hike for the nine-month period ended March, recording EGP 20 million, compared to EGP 8.6 million.
