General for Land Reclamation's losses shrink to EGP 737K ending Dec. 2019

Updated 1/22/2020 10:44:00 AM

ArabFinance: General Company for Land Reclamation (AALR) announced, in a statement sent to EGX, the Board of Directors (BoD) held on Jan. 21, 2020.

The company's BoD approved financial results for the fiscal period ending Dec. 31, 2019, which revealed incurring after-tax losses of EGP 737,000, compared to net losses of EGP 12.369 million a year earlier.