Samad Misr (Egyfert) reported EGP 559.8 thousand consolidated net loss for H1-14, deepening 239% compared with EGP 164.9 thousand net loss in the same period a year earlier.
The company’s H1 standalone financial results showed EGP 460.9 thousand net loss, compared with EGP 101.4 thousand in H1-13.

The company had posted a slide in net profit for FY13 by 91.40% to EGP 131.811 thousand, compared with EGP 1.533 million net profit in FY12. The company had logged EGP 547.027 thousand net loss in the first nine months of FY13, against EGP 1.021 million net profit in the year-ago period.