Cairo – Mubasher: El Arabia for Land Reclamation said Wednesday that its losses declined in the first half of fiscal 2016-2017 by 15.81% to EGP 5.09 million from EGP 6.50 million for H1-15/16, according to a bourse filing.
The company suffered a loss of EFP 491,700 resulted from the floatation of the Egyptian Pound.