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Bitumode turns to losses in Q1

Bitumode turns to losses in Q1
Photo Credit: Arabianeye-Reuters
Bitumode
WATP
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Cairo - Mubasher: The independent financial statements of Modern Waterproofing (Bitumode) showed that the company has achieves losses of EGP 6.1 million in the first quarter of 2017 versus profits of EGP 1.9 million in Q1-16.

According to the company’s statement to the Egyptian Exchange (EGX) on Sunday, sales increased to EGP 61.01 million in Q1-17 compared to EGP 33.77 million in the quarter before.