Reacap losses down 65% in Q3
Naeem Real Estate
NARE
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Cairo – Mubasher: Reacap Financial Investments brought down its losses by 65% in the third quarter of 2016.
The company logged losses of EGP 1.56 million for the third quarter of 2016, compared with EGP 4.43 million a year earlier.
As for the first nine months of 2016, the company reported net profits of EGP 4.94 million up from EGP 41,880 a year earlier.
Source:
Mubasher
