MEG -Egypt Incurs EGP1.6mln Losses in 3 Months

By Salma Ayman On Jun 1, 2014

The Consolidated Financial Statements revealed that Middle East Glass Manufacturing Company (MEG) incurred losses with EGP1.08million within the first quarter of the current year, in compared to EGP4.541million net profits in the previous year.

MEG declined with 10% (EGP29.9million) within 2013 against EGP33.2million in 2012.