Reacap Financial Investments posted consolidated net loss of EGP 26 million for H1-14, narrowing 12% compared with EGP 30 million in H1-13.
H1 standalone financial results showed EGP 1.3 million net loss, compared with EGP 930 thousand net loss in the year-ago period.
The company had logged EGP 7.56 million consolidated net loss for Q1-14, narrowing 56% compared with EGP 17.35 million net loss incurred in the same period a year earlier. Meanwhile, standalone financial results for the same period showed EGP 674 thousand net loss, widening 24% y/y from EGP 544 thousand. FY13 standalone financial results had mirrored a 9.27% rise in net loss to EGP 1.72 million, from EGP 1.57 million in FY12.