Egypt’s General Co. for Paper Industry Q1 loss hits 15.4 mln pounds

Egypt’s General Company for Paper Industry reported Wednesday first-quarter net loss worth 15.4 million Egyptian pounds ($872,533), according to a bourse filling.

Earlier, loss stood at 16.3 million during the first quarter of 2016.

Revenues jumped to 53.2 million pounds from 25.5 million pounds last year.