Cairo-Mubasher: Naeem Holding turned to losses of EGP 38.2 million ($4.9 million) in the first half of 2015, compared to EGP 15.6 million ($2 million) in the first half of 2015, according to a bourse filing.

Total revenues reached $6 million in H1-15, compared to $12.7 million in H1-14.

Total profits reached $4 million in H1-15, compared to $75,400 in H1-14, according to unconsolidated financial statements.

The company previously reported $1.9 million in losses in Q1-15, against $1.1 million in profits in Q1-14.