Nile Roads, Bridges posts LE 1.2B revenues in FY 2016/17

CAIRO – 7 July 2017: Nile Company for Roads and Bridges achieved LE 1.2 billion ($67 million) during the fiscal year of 2016/17, the company's chairman Ashraf Attia told Egypt Today Friday.

The company posted LE 40 million profits during the mentioned fiscal year compared to LE 400,000 registered in the previous year.

Attia added that the company succeeded to reach a stable financial position throughout the last year, after suffering from difficulties, noting that the company doubled its revenues and profits thanks to its development plan.