Arab Finance: Nasr Company for Civil Works’ (NCCW) net losses after tax contracted by 21.52% year on year (YoY) in the first half (H1) of 2023 to EGP 8.690 million, compared to EGP 11.073 million, as per a disclosure on August 6th.
Meanwhile, revenues surged to EGP 75.837 million from January through June, up from EGP 53.478 million during the same period of last year.
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.