Cairo – Mubasher: Misr for Sound & Light stated on Friday that its losses were narrowed by 42% by the end of the fiscal year 2016/2017 ended on 30 June 2017.

The company’s losses stood at EGP 11.4 million, whereas the revenues of activities increased to EGP 19.81 million for FY16/17, the Ministry of Public Enterprise Sector’s statement said.

Misr for Sound & Light is a subsidiary of Misr Hotels.