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United Arab Shipping BoD ratifies losses of LE8.6 m ending Oct 2018

United Arab Shipping BoD ratifies losses of LE8.6 m ending Oct 2018

ArabFinance: United Arab Shipping Company (UASC) (UASG) announced in a statement sent to EGX, the Board of Directors (BoD) was held on December 13.

The company's BoD approved unaudited financial results for the fiscal period starting July 01, 2018 and ending October 30, 2018, which incurring losses of LE8,627,060, versus net losses of LE9,465,606 a year earlier, representing 8.9% decline.

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