Cairo - Mubasher: Remco for Tourism Villages Construction reported a decline in losses by 43.55% for the first quarter of 2017, as shown by the company’s consolidated financial statements.
The company said in a statement to the Egyptian Exchange (EGX) on Tuesday that losses reached EGP 33.97 million in Q1-17 compared to EGP 60.21 million in the same period last year.
Remco also achieved foreign exchange gains of EGP 75,700 in the first three months of the year against losses of losses of EGP 12.15 million in the corresponding period of the previous year.
