General Land Reclamation turns profitable in FY2015/16
General Co for Land Reclamation
AALR
AALR
Cairo – Mubasher: General Company for Land Reclamation turned to profits in the fiscal year ended July 2015/16.
The company said it reported net profits of EGP 4.9 million in the fiscal year 2015/16, against losses of EGP 17.8 million for the previous year.
General Land Reclamation continued to witness losses since the fiscal year 2009-2010.
Source:
Mubasher
