Cairo - Mubasher: Sharm Dreams Company for Touristic Investment posted a decrease in losses by 75.4% year-on-year in the first half of the year, as shown by the company’s financial statements.
The company said in a statement to the Egyptian Exchange (EGX) on Sunday that losses totalled EGP 11.52 million in H1-17, compared to EGP 46.8 million in H1-16.
According to the bourse filing, revenues grew in the first six months of 2017 to EGP 7.02 million up from EGP 2.08 million in the same period of the year before.
