Cairo – Mubasher: El Obour Real Estate Investment posted Sunday its financial statements for the first nine months of 2015, which mirrored a slight decline by 1.4% in net loss before tax to EGP 3.46 million, compared with EGP 3.51 million in the prior-year period.

The company’s total sales amounted to EGP 22.8 million, down 17% year-on-year from EGP 26.7 million.

The real estate developer earlier posted EGP 2.2 million loss in the first half of 2015, up from EGP 1.3 million logged in the same period in 2014.