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Samad Misr losses widen to LE2.8 m ending Dec 2018

Samad Misr losses widen to LE2.8 m ending Dec 2018

ArabFinance: Samad Misr -EGYFERT (SMFR) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2018, and ending December 31, 2018.

The company incurred consolidated net losses of LE2,783,318, versus net profits of LE758,718 in the same period a year ago, taking into account the minority rights. 

Moreover, it incurred standalone net losses of LE2,616,490, versus net losses of LE466,185 in the same period last year.

Read Also: Samad Misr losses widen to LE2 m in 9 months 

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