Mena Touristic and Real Estate Investment posted EGP 2.8 million consolidated net loss for the first nine months of FY14, against EGP 22.3 million net profit reported in the same period a year earlier.
Standalone financial results for the same period showed EGP 12 million net loss, versus EGP 16.6 million net profit.
The company had posted EGP 7.4 million consolidated net loss for H1-14, against EGP 30.5 million net profit in H1-13.
H1 standalone financial results showed EGP 13.9 million net loss, versus EGP 24.8 million net profit in H1-13.
Consolidated financial statements for Q1-14 had reflected EGP 6.395 million net loss, versus EGP 15.813 million in the same period a year earlier.
Company's FY13 financial statements showed the company posted EGP 19, 4 million net profit against EGP 27, 2 million loss in 2012.