Cairo – Mubasher: United Arab Stevedoring posted net losses of EGP 5.4 million in the fourth quarter of the fiscal year 2015/16.

The company’s losses widened by 108.5% in the fourth quarter of FY15/16, as it stood at EGP 2.58 million at the same period of the previous year.

As for the full year of 2015/16, the company logged losses of EGP 20.1 million compared with EGP 21.92 million a year earlier.