The company’s gross margin plummeted to -17.0% versus 23.3% and 2.6% in Q2 of 2020 and Q3 of 2019, respectively. It also recorded a net loss of EGP 114.4m during the quarter, compared to a profit of EGP 170.9m during Q2 of 2020, and losses of EGP 57.5m in Q3 of 2019.