Remco's losses widen 86% in 9 months

Cairo - Mubasher: Remco for Tourism Villages Construction's net losses widened 86.3% in the nine -period ended September 2015, as it reached EGP 33.73 million compared with EGP 18.1 million a year earlier.

The company posted earlier, EGP 20 million in losses for the first half of 2015.

Remco is capitalized at EGP 2.5 billion, distributed across 247.8 million shares at EGP 10 par value each.

Mubasher Contribution Time: 15-Nov-2015 12:51 (GMT)