Golden Textiles turns to losses in H1

Updated 8/8/2019 11:13:12 AM

ArabFinance: Golden Textiles & Clothes Wool (GTWL) announced, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The company incurred consolidated net losses of EGP 8.4 million, versus net profits of EGP 11.4 million in the same period a year ago.

Moreover, it incurred standalone net losses of EGP 8.2 million, against net profits of EGP 11.3 million in the same period last year.

 

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