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El Kahera El Watania losses widen to EGP 2M in 1Q2019

El Kahera El Watania losses widen to EGP 2M in 1Q2019

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, 2019, and ending March 31, 2019.

The company incurred consolidated net losses of EGP 2,332,548, versus net losses of EGP 1,274,514 in the same period a year ago, taking into account the minority rights. 

Moreover, it posted standalone net profits of EGP 743,569, against incurring net losses of EGP 1,984,757 in the same period last year.

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