Al-Fanar Contracting wins the implementation of the work of the dabaa axis project worth 41.8 million pounds

Cairo - Live: Al-Fanar said it has contracted earth works for the Dabaa axis development project worth EGP 41.82 million.

She explained in a statement to the Egyptian Stock Exchange, today, that the contract and its documents were received and signed yesterday.

Al Fanar General Contracting, Construction, Trade and Import company reported a net profit of EGP 706.7 thousand from the beginning of January to the end of March, compared to a profit of EGP 39.2,000 in the same quarter last year.

The company's revenues increased during the first three months of this year to EGP 14.54 million, compared to EGP 1.15 million in the same quarter of 2020.