Arab Finance: TransOceans Tours - (TRTO) announced in a statement sent to EGX, the Board of Directors was held on February 26, 2017.
The company's BoD approved unaudited financial results for the fiscal period ending December 2016, which revealed incurring net losses after taxes of LE444,404 against posting net profits of LE3,190,177 a year earlier, representing 113.93% decrease.
It is worth mentioning, the company made revenue of LE3.7 million versus LE6.9 million year ago.
Floatation of EGP had no impact on FY results, the company stated.