Raya Holding converts to losses in 2019Visits : 249

Raya Holding converts to losses in 2019

The financial statements of Raya Holding Company for Financial Investments during 2019 showed their turnover on an annual basis.

The company said in a statement to the Egyptian Stock Exchange, today, Sunday, that it achieved losses amounting to 85.10 million pounds in the past year, compared to profits of 89.122 million pounds in 2018, taking into account minority rights.

Last year, the companys revenue increased to 8.7 billion pounds, compared to 7.9 billion activity revenue in 2018.