Nile City Investment Co. posted consolidated financial results for H1-14, showing that net loss narrowed 87.4% to EGP 10.6 million, compared with EGP 84.334 million in the same period a year earlier.
The investment firm had logged EGP 2.8 million net loss in Q1-14, shrinking 95.5% year-over-year from EGP 62.9 million.
The company is capitalized at EGP 625 million, divided into 6.2 million shares at EGP 100 par value each.