Cairo – Mubasher: The net losses of Nasr Company for Civil Works widened by 312% year-on-year (YoY) to EGP 14.7 million in the first nine months of 2021, compared to EGP 3.56 million, the unaudited financial results showed. 

The revenues slid to EGP 76.1 million in the January-September period of 2021, compared to EGP 136.56 million in the prior-year period, the company said in a bourse disclosure on Wednesday. 

During the first half (H1) of 2021, the company incurred net losses of EGP 9.47 million, versus net profits of EGP 5.87 million in H1-20.

The revenues fell to EGP 66.81 million in the January-June period from EGP 98.44 million in the year-ago period.