Rakta posts deeper Q4 losses

Cairo – Mubasher: Rakta Paper Manufacturing said Wednesday that its losses for the fourth quarter of 2015/16 widened 18.4% to EGP 16.47 million against EGP 13.9 million losses for the year-ago period, according to a bourse filing.

On an annual basis, the company logged EGP 54.6 million losses, deeper 1.7% year-on-year from EGP 53.77 million.

In the first nine months, the company lost EGP 38.13 million, compared with EGP 39.87 million for the prior-year period.   

Mubasher Contribution Time: 21-Sep-2016 09:54 (GMT)
Mubasher Last Update Time: 21-Sep-2016 09:54 (GMT)

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