Emirates Refreshments Company losses increased by 22% during the second quarter of 2020 to record 2.7 million dirhams.
According to CNBC Arabia, the losses of the company listed on the Dubai Financial Market on a semi-annual basis during the current year decreased by 39% to reach 3.4 million dirhams, while losses reached The share during that period amounted to 11 fils.
The company attributed its losses during the second quarter to a decrease in sales by 51% in addition to an increase in general and administrative expenses by 62%.
(Amazon fun knowledge)
