The board of Misr Hotels Co. ratified unaudited financial indicators for the first half of the fiscal year 2014/2015, showing that net loss narrowed by 21.5% to EGP 14.5 million, compared with EGP 18.4 million logged in the same period a year earlier.

Financial indicators for the three-month period that ended on September 30, 2014 had reflected EGP 6.969 million net loss, narrowing 21.1% from EGP 8.8 million in the same period a year earlier.

Photo Credit: Arabianeye-Reuters