Cairo – Mubasher: Al Ezz Dekhela – Alexandria posted an increase in its consolidated net loss by 11.5%.
The company’s net loss for 2015 widened to EGP448.5 million from EGP402.16 million in 2014.
Earlier, the unaudited financial indicators revealed that the company’s net loss for 2015 reached EGP263 million ($33.7 million), against a net profit of EGP36 million ($4.6 million) a year earlier.
Moreover, the consolidated financial statements for the nine-month period ended 30 September 2015 reflected a surge in losses by 172.2%.
