Cairo – Mubasher: Rakta Paper Manufacturing said its adjusted financial results for the first quarter of the fiscal year 2016 – 2017 have reflected losses of EGP 16.3 million, up 28.6% y-o-y.
The company posted EGP 12.6 million in losses for the similar period of the previous year.
Earlier, the company reported its financial results for the fiscal year 2015 – 2016 that reflected losses of EGP 53.77 million.
