(2014-10-30) Mobinil shrinks loss to LE 390 m in 9 months
Egyptian Company for Mobile Services (Mobinil) - (EMOB) reported consolidated financial results for the fiscal period from 01/01/2014 to 30/09/2014 posting a net loss of LE 390,599,755. Noting that, it posted a net loss of LE 447,287,723 in the comparable period from 01/01/2013 to 30/09/2013. On the other hand, Mobinil reported standalone financial results for the fiscal period from 01/01/2014 to 30/09/2014 posting a net loss of LE 352,545,586. Noting that, it posted a net loss of LE 403,063,927 in the comparable period from 01/01/2013 to 30/09/2013.