AELOAD
UASG
UASG
The stock of United Arab Stevedoring Co. has soared on Sunday to its highest level since mid-May, 2010, i.e. in more than 50 months.
The stock jumped 9.9% to EGP 1.67, after more than 14 million shares were exchanged in 1530 transactions at above EGP 22.7 million.
The company’s board approved the financial indicators for the fiscal year the ended on June 30, 2014, showing that net loss deepened 58% to EGP 21.1 million from EGP 13.4 million a year earlier.
FY13/14 revenues totaled EGP 7.6 million, compared with EGP 3.6 million in FY12/13.
The company’s financial results for the 11-month period till May 31, 2014 had reflected net loss of EGP 20.5 million, deepening 67% from EGP 12.3 million incurred in the same period a year earlier.
The stock jumped 9.9% to EGP 1.67, after more than 14 million shares were exchanged in 1530 transactions at above EGP 22.7 million.
The company’s board approved the financial indicators for the fiscal year the ended on June 30, 2014, showing that net loss deepened 58% to EGP 21.1 million from EGP 13.4 million a year earlier.
FY13/14 revenues totaled EGP 7.6 million, compared with EGP 3.6 million in FY12/13.
The company’s financial results for the 11-month period till May 31, 2014 had reflected net loss of EGP 20.5 million, deepening 67% from EGP 12.3 million incurred in the same period a year earlier.
Source:
Mubasher
