Marsa Alam turns to loss in Q1/2016

Updated 5/30/2016 10:02:01 AM

Arab Finance: Marsa Marsa Alam For Tourism Development (MMAT) announced audited financial results for the fiscal period from 01/01/2016 till 31/03/2016.

It revealed the company incurred net loss of LE 6,161,954 against posting net profit of LE 1,102,925 in the same period a year ago.

Source: EGX & Arab Finance editor