Cairo – Mubasher: The General Co. for Paper Industry (Rakta) logged EGP 38.13 million ($4.3 million) net loss for the first nine months of the fiscal year 2015/16, a decline of 4.4% from EGP 39.87 million ($4.5 million) loss reported in the year-ago period.
The company’s nine-month sales amounted to EGP 65.92 million, down from EGP 72.076 million in the year-ago period.
Rakta logged EGP 4.01 million net loss in February, compared with EGP 4.35 million loss in January.
