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Atlas for Investment records EGP 1.1M losses in Q1

Atlas for Investment records EGP 1.1M losses in Q1

ArabFinance: Atlas for Investment and Food Industries (AIFI) announced Tuesday, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The company posted standalone net losses of EGP 145,800, versus EGP 1.577 million profits achieved in the same period a year ago.

Moreover, the company recorded consolidated net losses of EGP 1.09 million in the first quarter of 2019, compared to EGP 763,965 losses in the year-ago period.

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