Mubasher TV
Contact Us Advertising   العربية

Pharaoh Tech turns a loss in Q3

Pharaoh Tech turns a loss in Q3
Photo Credit: Arabianeye-Reuters
Pharaoh Tech
PTCC
1,744.66% 19.00 17.97

Cairo – Mubasher: Pharaoh Tech for Control and Communication Systems swung from profits into losses during the third quarter of 2016, according to a bourse filing on Wednesday.

The company registered EGP 42,570 losses against EGP 363,000 profits for the year-ago period.

Over the first nine months, profits declined 79% year-on-year to EGP 161,890 from EGP 773,670.