Egypt: ASCOM swings to losses in 2024; consolidated revenues hit $64mln
Cairo – Asec Company for Mining (ASCOM) incurred consolidated net losses after tax valued at EGP 331.82 million in 2024, against net profits worth EGP 1.95 billion as of 31 December 2023. Revenues from contracts hiked to EGP 3.22 billion last year from …