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Egypt’s Qalaa Holdings posts narrower 2nd-quarter net loss

Qalaa Holdings, one of Egypt's largest investment firms, reported a second-quarter net loss after tax and minority interests of LE84.7 million  (US$10.82 million).
 
That compares with a net loss of LE178.6 million in the same period last year, the company said in a statement to the Cairo exchange on Saturday.
 
The firm reported revenues of LE2.09 billion versus LE1.56 billion in the same period last year.
 
(US$1 = LE7.8250) 

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