Cairo – Mubasher: Remco for Tourism Villages Construction (RTVC) reported a 59.4% year-on-year standalone loss increase during the first six months of 2019.

The company’s loss reached EGP 130.85 million in H1-19, compared to EGP 82.06 million in the year-ago period, according to a bourse statement released on Wednesday. 

RTVC posted a 6% year-on-year drop in its standalone losses during the first quarter of 2019, registering EGP 54.58 million.