Cairo – Mubasher: Tourism Urbanisation widened its losses for the third quarter of 2016 by 28.14% year-on-year.
The company suffered losses of EGP 4.6 million for Q3-16, compared with EGP 3.6 million, according to a bourse filing on Monday.
As for the first nine month of 2016, the company said it logged losses of EGP 17.23 million, compared with EGP 17.6 million for the same period of 2015, with a 1.93% decrease.
The stock remained stable at EGP 6.45 since 27 October's session and haven’t seen any trading since then.
