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Lecico Egypt loses LE112 m ending Dec 2018

Lecico Egypt loses LE112 m ending Dec 2018

ArabFinance: Lecico Egypt (LCSW) 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 LE111,656,489, against posting net profits of LE37,832,370 in the same period a year ago, taking into account the minority rights.

Moreover, it incurred standalone net losses of LE20,846,846, versus net losses of LE52,915,426 in the same period last year.

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