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Nile Cotton Ginning FY13/14 loss shrinks 58%

Nile Cotton Ginning FY13/14 loss shrinks 58%
Nile Cotton Ginning
NCGC
0.00% 50.00 0.00
Nile Cotton Ginning Co. posted unaudited financial results for FY13/14, showing net loss of around EGP 7.672 million, narrowing 58.1% from EGP 18.336 million a year earlier.
Consolidated financial results for the first nine months of FY13/14 had reflected EGP 5.2 million net loss, shrinking 60% from EGP 12.8 million in the same period a year earlier.
Q1-13/14 financial results had reflected EGP 4.869 million loss, narrowing 26.8% from EGP 6.648 million in the year-ago period.