Lift Slab Misr’s net losses widen 654.6% YoY in 2024

Updated 2/18/2025 9:56:00 AM
Lift Slab Misr’s net losses widen 654.6% YoY in 2024

Arab Finance: Egyptian for Developing Building Materials (Lift Slab Misr) incurred net losses after tax of EGP 51.512 million in 2024, climbing by 654.64% year on year (YoY) from EGP 6.826 million, as per the financial results.

The loss per share increased to EGP 0.091 last year from EGP 0.012 in 2023.

Lift Slab is an Egypt-based company engaged in the construction and development of industrial buildings and facilities. It implements hydraulic driving force technology in constructing roofs, tunnels, pipes, bridges, and other engineering constructions.

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