Arab Cotton Ginning
ACGC
0.94%
6.46
0.06
ACGC
Cairo – Mubasher: Arab Cotton Ginning Co. posted a 455.8% surge in consolidated net loss for the nine-month period ended 31 March, according to a bourse filing Thursday.
The ginning company logged EGP 36.1 million ($4.7 million) in net loss, compared with EGP 6.5 million ($849,000) in the corresponding period in the fiscal year 2013/2014.
H1-14/15 net loss stood at EGP 26.8 million, compared with EGP 6.7 million in the year-ago period.
Source:
Mubasher