Acrow Misr’s consolidated profits hike 98% in 9M

Acrow Misr’s consolidated profits hike 98% in 9M

Cairo – Mubasher: Acrow Misr for Scaffolding and Formwork reported a 98% year-on-year (YoY) surge in consolidated net profits to EGP 128.18 million in the first nine months (9M) of 2021, compared to EGP 64.59 million in the year-ago period. The company generated revenues of EGP 1.15 billion in the January-September period of 2021, up from EGP 713.05 million in the corresponding period of 2020, according to a bourse filing on Sunday. var width=document.documentElement.clientWidth;if(width>=320&&width<728){}; googletag.cmd.push(function(){try{var d=document.documentElement.clientWidth;var a;var c="/21857811890/en.zcom/";var b;if(d>=320&&d<728){a=[300,250];b=["mobile_mr_story"]}else{a=[300,250];b=["MR_Story"]}var h="MR_Story";var g=googletag.defineSlot("/21857811890/en.zcom/",a,"div-gpt-ad-MR_Story").setTargeting("type",b).addService(googletag.pubads());gptAdSlots.push(g);if(h!="MR_Story"){googletag.pubads().collapseEmptyDivs(true,true)}googletag.pubads().enableSingleRequest();googletag.enableServices();if((h=="PSB_Left")||(h=="mobile_psb_left")||(h=="PSB_Top")||(h=="mobile_psb_top")||(h=="PSB_Bottom")||(h=="mobile_psb_bottom")||(h=="PSB_Middle")||(h=="mobile_psb_middle")||(h=="leaderboard_home")||(h=="leaderboard_bottom_home")||(h=="mobile_leaderboard_home")||(h=="mobile_leaderboard_bottom_home")){setInterval(function(){googletag.pubads().refresh([g])},240000)}}catch(f){console.log("Error loading Ad banner "+h)}}); try{googletag.cmd.push(function(){googletag.display("div-gpt-ad-MR_Story")})}catch(e){console.log("Error displaying Ad banner "+bannerName)}; It is noteworthy to mention that during the first half (H1) of 2021, the company reported consolidated net profits of EGP 87.32 million, up 141% YoY from EGP 36.2 million, including minority shareholders' rights. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. ( Syndigate.info ). Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited