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Rowad Tourism posts EGP 4.4m losses in 9m

Rowad Tourism posts EGP 4.4m losses in 9m
Photo Credit: Arabianeye - Reuters
Al Rowad
ROTO
-5.00% 36.32 -1.91

Cairo - Mubasher: Rowad Tourism reported losses of EGP 4.4 million for the first nine months of 2015, against net profits of EGP 4.9 million a year earlier.

Meanwhile, the company's unconsolidated financial statements reflected losses of EGP 3.4 million for this nine month period, against EGP 10.2 million for the similar period a year earlier.

The firm posted EGP 3.05 million in losses in the fiscal year 2014/15, against profits of EGP 7.43 million a year earlier.