Delta for Construction’s profits hit EGP 5.9M in 2021
Updated 3/7/2022 9:37:03 AM
ArabFinance: Delta for Construction and Rebuilding (DCRC) posted a net profit after tax of EGP 5.915 million during the full year ended December 31st 2021, down from EGP 6.609 million in the year before, according to financial statements filed to the Egyptian Exchange (EGX) on Monday.
The company’s operating revenue declined to EGP 147.370 million in 2021, from EGP 188.516 million in 2022.
Moreover, Delta’s board of directors agreed not to distribute any dividends for the year 2021.
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.
