Cairo - Mubasher: The financial indicators of Rakta Paper Manufacturing showed a rise in losses during the nine-month period that ended 31 March by 36.5% year-on-year, according to a bourse filing.

The company said in a statement to the Egyptian Exchange (EGX) on Sunday that losses totalled EGP 52.04 million between July 2016 and March 2017 compared to EGP 38.18 million for the same period the year before.

During the same period, revenues grew to EGP 121.38 million from EGP 65.9 million.