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The Egyptian Company for Mobile Services – Mobinil – (EMOB.CA) reported on Wednesday a net loss of EGP 94 million during the third quarter of 2012, an increase of 23.6% as it had hit a net loss of EGP 76.039 million a year earlier.
Moreover, Mobinil’s standalone net loss after tax has reached EGP 49.865 million for Q3/2012, compared to EGP 3.254 million during Q3/2011.
Mobinil’s revenues hiked to EGP 7.362 billion during Q3/2012, compared to EGP 7.343 billion a year earlier. The Gross profit has hit EGP 5.499 billion for Q3/2012, opposed to EGP 5.604 for Q3/2011.
