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Samad Misr shrinks 9-month loss to LE1 m

Samad Misr shrinks 9-month loss to LE1 m

Arab Finance: Samad Misr -EGYFERT (SMFR) announced audited financial results for the fiscal period from 01/01/2016 till 30/09/2016.

The company incurred net losses of LE1,162,315versus net losses of LE3,781,087 in the same period a year ago.

Last October, the Egyptian Competition Authority (ECA) rejected reconciliation with Samad Misr regarding its violation according to article number 6.

 

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