Arab Finance: Odin Investments reported a 443.06% year-on-year (YoY) hike in consolidated net losses after minority interest for the first half (H1) of the fiscal year (FY) 2022/2023, according to the company’s consolidated financial statement filed to the Egyptian Exchange (EGX) on February 16^th.

Consolidated net losses after minority interest reached EGP 5.225 million in H1 of the current FY, compared to EGP 962,231 in the same period a FY earlier.

The company recorded total consolidated revenues of EGP 5.81 million in the six-month period ended December 31st, up from EGP 5.3 million in the July-December period of 2021.

At the level of the standalone financial statement, the company turned to losses during the period from July to December, incurring EGP 3.22 million, compared to profits amounting to 368,160.

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