Cairo - Mubasher: The consolidated net losses of Barbary Investment Group (BIG) narrowed by 65.9% year-on-year (YoY) to EGP 722,615 in the first quarter (Q1) of 2021, compared to EGP 2.12 million, including minority shareholders' rights.
No revenues were reported during the January-March period, compared to revenues of EGP 32,456 in the year-ago period, according to a bourse disclosure on Sunday.
As for standalone business, BIG incurred net losses of EGP 186,005 in Q1-21, compared to EGP 2.1 million in Q1-20.
During 2020, the company suffered net losses of EGP 4.1 million, up from EGP 3.39 million in 2019.
