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Middle East Glass narrows 9M losses by 67.6%

Middle East Glass narrows 9M losses by 67.6%
Photo Credit: Arabianeye - Reuters

Cairo - Mubasher: Middle East Glass Manufacturing cut its losses by 67.6% for the first nine months of 2015, the company said in a bourse filing Tuesday.

The company posted EGP 4.27 million in losses for the nine -month period, compared with EGP 13.2 million suffered in the same period a year earlier.

Meanwhile, standalone financial statements for the same period reflected losses of EGP 4.7 million.

The glass manufacturer earlier reported losses of EGP 9.28 million for the first six months of 2015.