Arabia Investments losses down 94% in Q3

Cairo – Mubasher: Arabia Investments, Development and Financial Investment Holding reported EGP 1.3 million losses in the third quarter of 2016, lower 94% year-on-year from EGP 22.4 million, a bourse filing revealed on Monday in light of the unconsolidated results.

Net profits for the first nine months declined 19.5% to EGP 10.3 million from EGP 12.8 million for the year-ago period, the filing revealed.

The stock quote was higher 4.4% to 95 piasters by 10:05am Cairo time. 

Mubasher Contribution Time: 14-Nov-2016 08:36 (GMT)
Mubasher Last Update Time: 14-Nov-2016 08:37 (GMT)