Remco for Tourism Village Construction Company’s standalone net loss declines in the first quarter of 2017 by 43.55% to stand at EGP 22.4 mn, compared to EGP 24.7 mn a year ago, Invest-Gate reports.

According to its consolidated financial statements, the company says that losses reach EGP 33.97 mn in Q1-17 compared to EGP 60.21 mn in the same period last year.