Mubasher TV
Contact Us Advertising   العربية

Wadi Kom Ombo posts higher profits in FY15/16

Wadi Kom Ombo posts higher profits in FY15/16
Revenues rose 95% to EGP 69.2 million in the fiscal year 2015/16 (Photo Credit: Arabianeye-Reuters)
Wadi Kom Ombo
WKOL
0.42% 139.50 0.59

Cairo-Mubasher: Wadi Kom Ombo Land Reclamation posted a 900% rise in the fiscal year ended 30 June 2016, according to a bourse filing.

Net profits reached EGP 5.025 million in the fiscal year 2015/16, compared to EGP 502,000 a year earlier.

Revenues rose 95% to EGP 69.2 million in the fiscal year 2015/16, compared to EGP 35.5 million last year.