Cairo – Mubasher: Remco for Tourism Villages Construction on Thursday posted a consolidated net loss of EGP 71.7 million for fiscal year 2016, against a consolidated net profit of EGP 55.8 million for FY15.
Standalone net loss reached EGP 2.6 million in FY16, versus a standalone net profit of EGP 7.3 million, according to a bourse filing.
Consolidated foreign exchange losses amounted to EGP 71.7 million in FY16, another statement said.
