Cairo – Mubasher: El Kahera El Watania Investment Company’s losses grew 0.33% year-on-year to EGP 3.07 million ($345,130) in the second quarter of 2016 from EGP 3.06 million ($344,000).
Consolidated losses retreated 66.80% to EGP 1.17 million in the first half of 2016 from EGP 3.54 million in the year-ago period, according to a bourse filing on Wednesday.
The company’s standalone losses declined 66.1% to EGP 656,000 in Q2-16 compared to EGP 1.94 million in the same period of the previous year.
Consolidated sales volume fell 7.66% to EGP 6.73 million in Q2-16 from EGP 7.29 million in Q2-15.
