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El-Ebour Co. for Real Estate Investment awarded EGP 387m contract

El-Ebour Co. for Real Estate Investment awarded EGP 387m contract
The company achieved net profits of about EGP 532,250 in three months

Cairo - MubasherEl-Ebour Co. for Real Estate Investment has been awarded a new contract by the National Service Projects Organization (NSPO) to resume the construction works of New Fayoum Hospital at a total value of EGP 387 million. 

The works include electromechanical works for NSPO's Arab International Optronics (AIO), the company said in a bourse disclosure on Sunday. 

During the first quarter (Q1) of 2021, the company achieved net profits of about EGP 532,250, up from around EGP 357,600 in Q1-20.

The revenues retreated to EGP 15.014 million in the January-March period, compared to EGP 25.39 million in the corresponding period a year earlier.