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Qalaa Holdings losses widen to EGP 171M ending March 2019

Qalaa Holdings losses widen to EGP 171M ending March 2019

ArabFinance: Qalaa Holdings (CCAP) 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 171.477 million, compared to net losses of EGP 183.480 million in the same period a year ago, taking into account the minority rights.

Moreover, it incurred standalone net losses of EGP 67.231 million, compared to net losses of EGP 63.375 million in the same period last year. 

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