DECC’s bottom line up 32 percent in 2001
Egypt's Development and Engineering Consulting Company (DECC) posted a 32 percent increase in its net profits for the financial year 2001, at 1.7 million Egyptian pounds ($367,000) up from the EP1.29 million recorded in FY2000, according to company financials.
The construction company’s revenues totaled EP29.1 million in 2001, compared to EP46.6 million the previous year. This represents a 38 percent annual drop. DECC is a building and general contractors firm, formerly known as the Development and Popular Housing Company. — (menareport.com)
© 2002 Mena Report (www.menareport.com)