Cairo – Mubasher: Samad Misr said its losses increased by 409.7% in 2015.

The company posted EGP 4.82 million in losses in 2015, compared with EGP 945,670 in a year earlier.

Meanwhile, the company’s revenues reached EGP 55.5 million, down from EGP 72.37 million in 2014.

Samad Misr reported earlier an increase of 195.7% in net losses for the first nine months of 2015.