SCZone Revenues & Profits Jump in 8 Months

Updated 4/2/2024 9:17:00 AM
SCZone Revenues & Profits Jump in 8 Months

The General Authority for Suez Canal Economic Zone’s (SCZone) revenues has climbed 54% year on year (YoY) during the first eight months of the current fiscal year (FY) 2023/24, amounting to EGP 5.3 billion, compared to EGP 3.45 billion in the same period a FY earlier, according to a data by the SCA.

The authority also achieved net profits worth EGP 3.74 billion, rising by 57% YoY from EGP 2.38 billion.

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