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United Arab Stevedoring losses rise 32% in 9M

United Arab Stevedoring losses rise 32% in 9M
(Photo credit: Company's website)
AELOAD
UASG
0.00% 0.53 0.00

Cairo – Mubasher: United Arab Stevedoring’s losses for the first nine months of fiscal year 2016/2017 deepened 32% to EGP 19.26 million, compared to EGP 14.62 million for the same period of FY15/16.

Revenues for the first nine months of FY16/17 decreased to EGP 7.3 million from EGP 8.5 million for the same period last year, according to a bourse filing.

By 11:12 am Cairo time, the stock rose 1.39% to EGP 0.73.