Mubasher TV
Contact Us Advertising   العربية

Misr Kuwait Investment posts lower losses in Q1

Misr Kuwait Investment posts lower losses in Q1
Photo Credit: Company's website
Meatello
MKIT
4.05% 3.85 0.15

Cairo – Mubasher: Misr Kuwait Investment and Trading reported that its losses decreased by 58.8% in the first quarter of 2016 according to the financial statement.

The company’s losses stood at EGP126,460 ($14,270), compared to EGP306,950 ($34,650) for the year-ago quarter.

In 2015, the company cut its losses by 86.5% year-over-year to EGP105,800 from 786,000