Cairo – Mubasher: Samad Misr said it brought down its losses by 71% for the third quarter of 2016.
The company suffered losses of EGP 526,500 for the third quarter of 2016, compared with EGP 1.82 million in losses for the same period of the previous year.
As for the first nine months of 2016, the company posted EGP 1.1 million in losses compared with EGP 3.96 million a year earlier.
Earlier, the company reported net losses of EGP 658,200 for the first half of 2016 down by 73% y-o-y.
