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United Arab Shipping's losses widen to EGP 16M

United Arab Shipping's losses widen to EGP 16M

ArabFinance: United Arab Shipping (UASG) announced, in a statement sent to EGX, the Board of Directors (BoD) held on Jan. 30.

The company's BoD approved financial results for the fiscal period ending Dec. 31, 2019, which revealed incurring losses of EGP 15.678  million, compared to net losses of EGP 12.028 million a year earlier, with a 30% loss increase.

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