Cairo – Mubasher: Electrical Industries said it reported to losses for the second quarter of 2016.
The company suffered losses of EGP 485,000 for Q2-2016, against profits of EGP 15.99 million for the same period of the previous year.
As for the first half of 2016, the company logged losses of EGP 1.45 million compared with EGP 17.67 million for the similar period of the preceding year.
Electrical Industries’ topline reached EGP 413.4 million in the first half of 2016, up from EGP 252.8 million for the comparable period of the previous year.
