Nile Cotton Ginning Company announced earnings results for the year ended June 30, 2014. For the year, the company reported net loss to EGP 7.7 million (USD 1.1 million /EUR 852,044) from EGP 18.3 million in the prior year. Pretax loss came in at EGP 7.9 million compared with a loss of EGP 18.5 million while gross profit fell slightly to EGP 309,858 from EGP 318,505 a year earlier.

Revenue dropped to EGP 13.9 million from EGP 14.9 million.