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Trans Oceans suffers losses in Q4

Trans Oceans suffers losses in Q4
(Photo credit: Arabianeye - Reuters)
Trans Oceans Tours
TRTO
-7.32% 0.04 -0.00

Cairo – Mubasher: Trans Oceans Tours posted on Monday a net loss of EGP 470,500 for the fourth quarter of fiscal year 2016, compared to net profits of EGP 2.57 million in Q4-15.

The company suffered losses worth EGP 444,400 in fiscal year 2016, versus net profits of EGP 3.19 million for FY15, according to a bourse filing.