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Ajwa's losses widen to EGP 53M ending Sept 2019

Ajwa's losses widen to EGP 53M ending Sept 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 Sept. 30, 2019. 

The company incurred consolidated net losses of EGP 52,890,608, compared to net losses of EGP 867,846 in the same period a year ago, taking into account the minority rights.  

Moreover, it incurred standalone net losses of EGP 24,867,571, compared to net losses of EGP 23,753,349 in the same period last year. 

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