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El Kahera El Watania losses widen to LE19 m in 2018

El Kahera El Watania losses widen to LE19 m in 2018

ArabFinance: El Kahera El Watania Investment (KWIN) 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 LE19,217,622, versus net losses of LE1,269,615 in the same period a year ago, taking into account the minority rights. 

Moreover, it incurred standalone net losses of LE14,892,815, against posting net profits of LE4,007,286 in the same period last year.

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