Cairo – Mubasher: The ordinary general meeting of Orascom Telecom Media and Technology Holding ratified FY15 consolidated and standalone financials, according to a bourse filing.
The ordinary meeting also approved the reports of the board and auditor as well as future commutative contracts for the fiscal year 2015.
OTMT registered a net loss of EGP3.6 billion ($407.3 million) in 2015 against a net profit of EGP263.98 million ($29.8 million) a year earlier, the consolidated financial results indicated
By 12:20pm Cairo time, its stock was 1.43% higher to EGP0.71.
