Vertika Programming Q1 losses widen 233%

Cairo – Mubasher: Vertika Programming posted a net profit of EGP412,370 ($46,580) in the first quarter of 2016, according to a bourse filing.

Thus, the quarterly earnings rose 232.65% year-over-year from EGP123,970.

According to its standalone statements, the company earned EGP408,560, 229.8% down from EGP 123,870 for the year-ago quarter.

In 2015, the company logged a net a loss of EGP436,000, compared to EGP 567,600 in 2014

Mubasher Contribution Time: 17-May-2016 12:19 (GMT)
Mubasher Last Update Time: 17-May-2016 12:19 (GMT)