Wadi Kom Ombo awarded canal lining project

Updated 6/23/2020 2:39:00 PM

ArabFinance: Wadi Kom Ombo Land Reclamation (WKOL) has been awarded a project of EGP 42,857,588 for canal lining in Kafr ELsheikh, according to the company’s June 23rd statement filed to the Egyptian Exchange.

The company posted a net profit of EGP 19,204,652 in the first nine months of the fiscal year 2019/2020, a 15% decline from EGP 22,509,969 achieved in the corresponding period.

Wadi Kom Ombo is an Egypt-based company that is engaged in the real estate development sector. The company is involved in the land reclamation, real estate development and general contract services, such activities as sale and purchase of land for building and agriculture, and operates it for its own account and third parties.