Cairo - Mubasher: The ordinary general meeting (OGM) of United Arab Stevedoring approved the planned budget for fiscal year (FY) 2021/2022.
The company targets to achieve activity revenues of EGP 22.4 million and final losses of EGP 10.53 million in the next fiscal year, according to a bourse disclosure on Sunday.
During the first nine months of FY20/21, the company incurred net losses of EGP 21.44 million, down from EGP 22.65 million in the prior-year period.