Cairo – Mubasher: Tourah Portland Cement’s losses widened by 1.7% year-over-year in the first quarter of 2016, the company said in a bourse filing.

The company reported a net loss of EGP22.37 million ($2.5 million) compared to EGP22 million losses ($2.4 million) for the year-ago quarter.

By the end of 2015, the company’s losses reached EGP219 million, compared to a net a loss of EGP14.4 million a year earlier.