Cairo - Mubasher: The board members of Wadi Kom Ombo for Land Reclamation Company greenlighted its estimated budget for fiscal year (FY) 2026/2027.
The company plans to record net profits before tax worth EGP 257.77 million in FY26/27, higher than EGP 190.02 million in FY24/25, according to a bourse filing.
Moreover, the Egyptian company targets revenues of EGP 466.71 million in the July 2026-June 2027 period when compared with EGP 311.01 million during FY24-25.
During the first quarter (Q1) of FY25/26, Wadi Kom Ombo generated year-on-year (YoY) lower net profits after tax at EGP 1.71 million, compared to EGP 15.52 million.
