Lease Income, Forex Gains Reverse Losses at Industrial Parks Corp
The state-owned Industrial Parks Development Corporation (IPDC) reports nearly 650 million Birr in net profit for the 2024/5 fiscal year, with a surge in income from lease agreements and forex holdings reversing the 708 million Birr loss it posted the year prior. The Corporation’s operating lease income doubled to 3.4 billion Birr, and while its […]
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