Cairo – Mubasher: United Arab Stevedoring logged a loss of EGP14.63 million ($1.65 million) in the first nine month of 2015/16, which is lower 24.37% from EGP19.34 million ($2.19 million) a year earlier, according to a bourse filing.

In the first six months of 2015, the company’s losses declined to EGP11.6 million from EGP13.7 million reported in H1-14.

Moreover, the company reported a net loss of EGP3 million by the end of the FY15/16 third quarter, while EGP5.6 million was recorded for the year-ago period.

By 10:25 Cairo time, the stock was 1.01% down to EGP0.98.