Cairo – Mubasher: Orange Egypt for Telecommunications logged EGP 132.9 million losses during the third quarter of 2016, deeper 545% year-on-year from EGP 20.6 million, unaudited consolidated results revealed Sunday.
Meanwhile, unaudited standalone results indicated the company turned a loss in Q3-16 after registering EGP 40.2 million losses against EGP 73.3 million profits for Q3-15.
During the period ended 30 September 2016, total revenues increased by 4.21% year-on-year to EGP 8.378 billion from EGP 8.039 billion.