Categories: Business

Egyptian firm Orascom Construction’s Q4 profit surges over 50% to $56m


Thu, 2023-03-23 15:11

RIYADH: Egypt’s Orascom Construction Co. saw a 50.4 percent year-on-year net profit increase in the fourth quarter of 2022, with a rise in construction operations helping the firm hit $55.8 million 

Across the whole of 2022, the Cairo-based firm its total profits rise 0.1 percent to $113.5 million, compared to $113.4 million in the same period of 2021.   

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