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Atlas For Investment losses widen to EGP2 m ending Dec 2018

Atlas For Investment losses widen to EGP2 m ending Dec 2018

ArabFinance: Atlas For Investment and Food Industries (AIFI) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2018, and ending December 31, 2018.

The company incurred consolidated net losses of LE2,225,407, versus net losses of LE913,226 in the same period a year ago, taking into account the minority rights.

Moreover, it posted standalone net profits of LE672,359, versus net profits of LE765,521 in the same period last year.

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