Lift Slab’s profits fall 60% YoY in 2022

Updated 3/21/2023 12:03:00 PM
Lift Slab’s profits fall 60% YoY in 2022

Arab Finance: The Egyptian Company for Construction Development's (Lift Slab) net profits after tax dropped 60.3% year on year (YoY) to EGP 341,209 in 2022, compared to EGP 858,794, according to a financial statement filed to the EGX on March 21st.

Revenues saw an annual 66.3% decrease to EGP 5.07 million last year from EGP 15.05 million in the previous year.

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