Al Orouba Mining losses widen 545%

Cairo – Mubasher: Al Orouba Company for Mining and Trading posted that its losses for 2015 deepened by 545% to EGP 686,300 from EGP 106,300.

The board of directors unanimously decided to continue the stock listing in the Egyptian Exchange.

In the first nine months of 2015, the company lost a net of EGP 519,000, against 53, 600 profits for the year-ago period. 

Mubasher Contribution Time: 16-Mar-2016 12:30 (GMT)