Friday, 20 Apr 2018
Business

«Cisco» .. from the closure to doubled revenues

Al-Hawar, quoting the Constitution, we publish to you «Cisco» .. from the closure to the doubling of revenues, «Cisco» .. from the closure to double the revenue we publish to you our visitors New News Today through our newspaper and dialogue with the start of the news,
. Al-Haywar Newspaper Sinai Oil and Mining Services Company (CINCO) achieved an unprecedented profit during the fiscal year 2017-2018 amounting to LE 8.5 million. Revenues of the activity doubled in 2016 and beyond, compared to the previous year, to reach 315 million. The results of the work of the General Assembly – which was recently approved, in the presence of Eng. Abed Ezz Al-Ghanim, Chairman of the General Petroleum Corporation and General Hany Zaki Omar, President of the Company – And the city of Edkou in the province of the lake. During the reign of General Hany Zaki, the company managed to rebalance it and achieve unprecedented revenues and profits through the development of a master plan. He explained that the company achieved during 2016 and 2017 a surge in profits and results of business has not been achieved since its inception, noting that a new administrative headquarters was purchased to fit the size and keep pace with future aspirations, in exchange for the two apartments rented; in accordance with the principle of rationalization of spending and maximize the assets of the company Capitalism is constantly increasing. The company also purchased an administrative branch of the company in Alexandria, finishing and processing on a level worthy to follow up all the work and operations assigned to them in the gaps and the surrounding areas. He pointed out that a register of suppliers and contractors was prepared for the company after it used the records of other companies and is updated annually, in addition to registering the company with the general tax on sales and value added tax, then registering it in the Egyptian Union for construction and building, And has obtained 4 ISO quality certificates. The president added that new activities have been added to the company, including buying and renting cars for the sector companies, exploitation of quarries and mines in mineral resources, providing medical services for workers and their families in oil sector companies, establishing a training center, expanding technical activities, The establishment of new oil reservoirs for the Western Desert fields for Marina Petroleum, the civil maintenance works in Western Sahara fields, Abu Sinan, the establishment of a fire alarm network in the Amiriya area in Alexandria, in addition to many other activities of the company Which led to its classification into distinct centers. He pointed out that for the first time in the history of the company, the shareholders were given dividends on the results of the financial year 2016, and bought assets worth 150 million pounds, after all the reports of the Central Agency to close them. Thank you for following us and we promise you always to provide everything that is best .. and the transfer of news from all sources of news and facilitate reading to you. Do not forget the work of IK for our page on Facebook and follow the latest news on Twitter. Greetings of the family of the site of the newspaper.
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