Arab Finance: Atlas for Investment and Food Industries (AIFI) incurred consolidated net losses attributable to the parent company of EGP 6.23 million in 2024, 2,152.3% up from EGP 276,608 in 2023, according to the financial results.
The sales hiked to EGP 40.16 million last year from EGP 36.15 million at the end of December 2023.
Basic loss per share hit EGP 0.0094, compared to earnings per share (EPS) of EGP 0.0006.
In the first nine months of 2024, AIFI shifted to consolidated net losses attributable to the parent company valued at EGP 3.37 million, versus net profits of EGP 515,481 in 9M 2023.