Cairo – Mubasher: Remco for Tourism Villages Construction reported deeper consolidated losses in the second quarter and first half of 2016, according to a bourse statement.
The company logged EGP 28.1 million losses in Q1, wider 168% year-on-year from EGP 10.5 million for the prior-year period.
Over the first six months, consolidated losses rose to EGP 88.3 million from EGP 19.8 million for H1-15.
On Tuesday, the stock quote fell 2.01% to EGP 1.46 per share.
