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Ajwa for Food Industries turns to loss in 1Q2019

Ajwa for Food Industries turns to loss in 1Q2019

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

The company incurred consolidated net losses of EGP 6,920,729, versus posting net profits of EGP 8,458,601 in the same period a year ago, taking into account the minority rights.

Moreover, it posted standalone net losses of EGP 8.3 million, compared to standalone net losses of EGP 4.3 million recorded in the same period a year ago.

 
 

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