Mobinil Logs Net Loss Of EGP 161.9 Mln – Q1/13

By Yomna Yasser On Apr 30, 2013

The Egyptian Company for Mobile Services (Mobinil) – (EMOB.CA) announced on Tuesday its business results of the first quarter of 2013. Mobinil has incurred a net loss of EGP 161.9 million, compared to a net loss of EGP 74.15 for the same period a year earlier.

Accordingly, basic loss per share reached EGP 1.63 during Q1/2013, opposed to EGP 0.75 for Q1/2012.

The equity rights hit approximately EGP 2.08 billion by end of March, 2013 – compared to EGP 2.24 billion by end of December, 2012.