Gulf Canadian H2 losses deepen

Cairo - Mubasher: Gulf Canadian Real Estate Investment saw it losses deepen during the first half of 2015, as it reached EGP 320,800 up from EGP 267,000 for the same period of the previous year.

The company's gross profit stood at EGP 593,400 in H1-2015, compared with EGP 486,980 for the same period of 2014, a rise of 21.86%.

The Egyptian listed firm suffered EGP 157,800 in net losses for the first quarter of 2015, compared with EGP 76,000 for the same period of 2014.

Mubasher Contribution Time: 10-Aug-2015 09:08 (GMT)