Delta for Construction sees higher net profit
Updated 2/28/2021 10:03:30 AM
ArabFinance: Delta for Construction and Rebuilding (DCRC) posted a net profit of EGP 6.6 million in 2020, compared to EGP 3.47 million in 2019, according to the company’s statement to the Egyptian Exchange on February 28th.
On a yearly basis, the company reported a 42% drop in its net profit during the first nine months of 2020, recording EGP 11.79 million.
Delta is an Egypt-based public shareholding company engaged in the real estate investment sector.
The company’s activities include developing, owning, managing, buying, and selling residential real estate properties, as well as land subdivision and touristic projects development such as resorts and hotels.
