Cairo – Mubasher: The financial indicators of Nasr Company for Civil Works showed a turn to net losses of EGP 27.02 million in 2020, versus net profits of EGP 42.37 million a year earlier.
The company’s revenues plummeted to EGP 179.94 million last year from EGP 273.05 million in 2019, according to a bourse disclosure on Monday.
During the first nine months of 2020, Nasr Company for Civil Works incurred net losses of EGP 3.56 million, against net profits of EGP 11.4 million in the corresponding period a year earlier.
