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BIG turns into losses in Q1

BIG turns into losses in Q1
Photo Credit: Reuters


Cairo – Mubasher: Barbary Investment Group turned a loss in the first quarter of 2016 after logging EGP 100,000 net consolidated losses against EGP 1.04 million profits for the year-ago quarter, according to a bourse statement.

Further, its standalone results revealed that the company shed EGP 156,940 during the same period against EGP 22,940 profits for FY15 first quarter.

Over the fiscal year 2015, the company earned EGP 1.7 million compared with EGP 1.55 million a year earlier.