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Remco widens losses in 9M

Remco widens losses in 9M
Remco
RTVC
4.81% 2.83 0.13

Cairo - Mubasher: Remco for Tourism Villages Construction reported a surge in losses during the first nine months of the year by 90.8% year-on-year, as shown by the company’s independent financial statements.

The company said in a statement to the Egyptian Exchange (EGX) on Monday that losses amounted to EGP 74.2 million in the nine-month period that ended on 30 September 2017, compared to EGP 38.9 million for the same period last year.