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Ajwa's losses reach 39M ending June 2019

Ajwa's losses reach 39M ending June 2019

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 June 30, 2019.

The company incurred consolidated net losses of EGP 38,736,251, compared to net profits of EGP 29,839,456 in the same period a year ago, taking into account the minority rights.

Moreover, it incurred standalone net losses of EGP 14.5 million, compared to standalone net losses of EGP 9 million recorded in the same period a year ago.

 
 

 

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