Thursday, May 3, 2012

Reuters: Private Equity: Egypt's Citadel Capital narrows loss in 2011 -bourse

Reuters: Private Equity
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Egypt's Citadel Capital narrows loss in 2011 -bourse
May 3rd 2012, 13:41

CAIRO | Thu May 3, 2012 9:41am EDT

CAIRO May 3 (Reuters) - Egyptian private equity firm Citadel Capital narrowed its net loss to 800.5 million Egyptian pounds ($132.39 million) in 2011, the stock exchange said on Thursday.

The company had reported a consolidated net loss of 1.36 billion pounds for 2010, the exchange added. ($1 = 6.0465 Egyptian pounds) (Reporting by Patrick Werr)

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