Giza General Contracting & Real Estate Investment

Giza General Contracting operates in the construction and engineering industries. The Company is primarily involved in general contracting activities, property investment, land reclamation, property development and engineering projects. It also represents international engineering and architectural consultancy companies in Egypt and is engaged in import and export operations, as well as in the manufacture of industrial supplies and construction materials required for its contracting activities within and outside Egypt.
Financial Performance:
GGCC has an authorized capital of EGP1bn and a paid-in capital of EGP160mn distributed over 32mn shares with a par value of EGP5/share. GGCC released its 2010 financials, where net income before unusual items increased by 54% to record EGP19.5mn, vs. EGP12.7mn in 2009.