Cairo – Mubasher: Nile Cotton Ginning brought down its losses by 48.7% for the first quarter of the fiscal year 2016 – 2017.
The company-logged losses of EGP 2.52 million for Q1 – FY16/17 compared with EGP 4.91 million a year earlier.
The company suffered losses of EGP 11.8 million up 42% y-o-y in FY15/16.