El Arabia for Land Reclamation will hold an ordinary general meeting on Tuesday, September 30, 2014, 3:00 p.m. at head office.
Shareholders will look into ratifying the board’s report, as well as financial statements for the fiscal year that ended on June 30, 2014.
The company posted EGP 7 million net loss for the fiscal year that ended on June 30, 2014, against EGP 437.7 thousand net profit a year earlier.
Financial statements for the nine-month period from July 1 , 2013 to March 31 , 2014 showed EGP 6.7 million net loss , compared to EGP 6.6 million logged in the same period a year earlier , with increase by 3%.
The company's H1-FY13/14 loss narrowed to EGP 1.93 million, compared to EGP 2.549 million losses incurred in the same period a year earlier.