Remco unconsolidated losses shrink 26.7% in Q2

Cairo – Mubasher: Remco for Tourism Villages Construction said it brought down its losses for the second quarter of 2016 by 26.7%.

The company said it logged losses of EGP 6.6 million ($741,400) in Q2-2016, compared with EGP 9 million for the same period of the previous year.

As for the first half of 2016, the firm said its losses widened to reach EGP 31.3 million compared with EGP 12.25 million for the similar period of the preceding year.

Mubasher Contribution Time: 15-Aug-2016 12:00 (GMT)
Mubasher Last Update Time: 15-Aug-2016 12:00 (GMT)