Mubasher TV
Contact Us Advertising   العربية

El Arabia for Land Reclamation H1 losses down 16%

El Arabia for Land Reclamation H1 losses down 16%
(Photo credit: Arabianeye - Reuters)
El Arabia for Land Reclamation
EALR
254.76% 347.10 249.26

Cairo – Mubasher: El Arabia for Land Reclamation said Wednesday that its losses declined in the first half of fiscal 2016-2017 by 15.81% to EGP 5.09 million from EGP 6.50 million for H1-15/16, according to a bourse filing.

The company suffered a loss of EFP 491,700 resulted from the floatation of the Egyptian Pound.