Latest news with #Unirab
Zawya
3 days ago
- Business
- Zawya
Egypt: Unirab's net losses deepen 121.1% YoY in H1 2025
Arab Finance: Unirab Polvara Spinning and Weaving Company's net losses after tax hiked by 121.12% year-on-year (YoY) to EGP 21.216 million in the first half (H1) of 2025, according to the financial results. The incurred net losses were compared with the EGP 9.595 million losses reported in H1 2024. Unirab generated 12.47% lower revenues at EGP 42.196 million in H1 2025, compared to EGP 48.205 million in H1 2024. Basic loss per share jumped by 121.57% to EGP 0.226 at the end of June 2025 from EGP 0.102 a year earlier. © 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (
Zawya
19-02-2025
- Business
- Zawya
Egypt: Unirab incurs 67% YoY higher losses in 2024
Egypt - Unirab Polvara Spinning and Weaving Company (Unirab) suffered 66.88% year-on-year (YoY) higher net losses after tax at EGP 24.888 million in 2024, the unaudited financial results showed. The reported net losses were compared with EGP 14.914 million in 2023. Revenues hiked by 49.87% to EGP 96.966 million last year from EGP 64.700 million at the end of December 2023. Meanwhile, the basic loss per share increased by 67.30% YoY to EGP 0.266 in 2024 from EGP 0.159. In the first nine months of 2024, Unirab's net losses jumped by 49.95% YoY to EGP 17.439 million from EGP 11.666 million. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
