Northern Upper Egypt Development losses widen to LE9 m ending Dec 2018
Updated 3/11/2019 10:25:00 AM
ArabFinance: Northern Upper Egypt Development & Agricultural Production (NEDA) 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 LE8,809,250, versus net losses of LE3,910,706 in the same period a year ago, taking into account the minority rights.
Moreover, it incurred standalone net losses of LE8,050,543, versus net losses of LE3,012,833 in the same period last year.
