Nasr for Civil Works becomes profitable in 2023

Updated 2/22/2024 9:20:00 AM
Nasr for Civil Works becomes profitable in 2023

Arab Finance: Nasr Company for Civil Works (NCCW) registered a net profit after tax amounting to EGP 13.917 million in 2023, versus a net loss of EGP 21.984 million in 2022, as per a disclosure.

Meanwhile, revenues surged by 165.91% to EGP 479.595 million from January through December, up from EGP 180.362 million during 2022.

Nasr for Civil Works is an Egypt-based public shareholding company engaged in the construction sector. The company provides construction and development contracting services for infrastructural projects related to energy, utilities, housing, roads, and ports.

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