Photo Credit: Reuters
Tourah Cement
TORA
-4.70%
60.99
-3.01
TORA
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.
Source:
Mubasher