Arab Finance: Giza General Contracting and Real Estate Investment Company reported an 8.3% year-on-year (YoY) increase in its consolidated net profits after tax and non-controlling interests during 2022, according to the firm’s financial statements sent to the bourse on February 27^th.

The company’s consolidated net profits attributable to the holding company totaled EGP 61.034 million last year, compared to EGP 56.356 million in 2021.

Moreover, the firm’s standalone net profits after tax hit EGP 58.564 million in 2022, up from EGP 56.590 million a year earlier.

Giza General Contracting is an Egypt-based company that operates in the construction and engineering industries sector.

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