Nile City Investments announced audited standalone and consolidated earnings results for the period ended on year ended on December 31, 2016. For the period, on standalone basis, the company’s Net loss was EGP 422,604,942 as compared to EGP 58,282,318 a year ago. For the period, on consolidated basis, the company’s Net loss was EGP 422,606,994 as compared to EGP 58,282,320 a year ago.