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OCI logs EGP 895.2mln standalone loss in Q1

OCI logs EGP 895.2mln standalone loss in Q1
Orascom Construction Industries (OCI) posted non-consolidated financial results for Q1 that ended on March 31, 2014.
These results showed EGP 895.2 million net loss, against EGP 89 million net profit in the same period a year earlier.
FY13 consolidated loss had amounted to EGP 1.451 billion, compared with EGP 9.126 billion in FY12.