Wadi Kom Ombo seeks EGP 115M business volume in FY 2022/2023
Updated 3/29/2022 2:44:00 PM
ArabFinance: Wadi Kom Ombo for Land Reclamation Company (WKOL) is targeting a business volume of EGP 114.943 million in the fiscal year (FY) 2022/2023, according to a filing to the Egyptian Exchange (EGX) on Tuesday.
The company also seeking a surplus of EGP 13.712 million in FY 2022/2023.
It is worth noting that Wadi Kom Ombo reported a net profit after tax of EGP 22.015 million for FY 2020/2021, compared to a profit of EGP 23.38 million in FY 2019/2020.
Wadi Kom Ombo is an Egypt-based company that is engaged in the real estate development sector.
The company is involved in land reclamation, real estate development, and general contracting services, such activities as sale and purchase of land for building and agriculture, and operates it for its own account and third parties.
