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Misr Kuwait Investment sees wider 9M losses

Misr Kuwait Investment sees wider 9M losses
The company’s nine-month sales rose 6.7% - Photo Credit: Company's Website
Meatello
MKIT
-2.08% 3.36 -0.07

Cairo – Mubasher: Misr Kuwait Investment and Trading logged EGP 313,800 losses during the first nine months of 2016, higher 39% year-on-year from EGP 225,890, a Sunday’s bourse filing revealed.

The company’s nine-month sales rose 6.7% year-on-year to EGP 14.17 million from EGP 13.28 million.

In the first half, the company registered EGP 281,690 losses, compared with EGP 667,990 losses for the year-ago period.