Cairo – Mubasher: Arab Polvara Spinning and Weaving said it sold three land plots, through a public auction, for EGP 104.5 million.

Earlier, the company’s general meeting gave a nod to selling the company’s vacant land plots.

The company reported net losses of EGP 9.34 million for the first half of 2016 compared with EGP 51.25 million for the same period of the previous year,