Cairo – Mubasher: New Ismailia Urban Development’s losses for the first quarter of fiscal year 2017 shrank 26.1% to EGP 438,300, compared to losses worth EGP 593,300 for Q1-16, according to a bourse filing released on Tuesday.
The company had earlier reported a net loss of EGP 1.02 million for FY16, 21.14% up from EGP 842,840 for FY15.