Arab Finance: Gadwa for Industrial Development (GDWA) has reported a consolidated profit attributable to the parent company of EGP 114.852 million during the period from its establishment date until March 31^st, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on June 5th.

The company’s consolidated operating revenue amounted to EGP 2.862 billion at the end of March.

As for standalone financials, Gadwa posted a net loss after tax of EGP 5.316 million in the period ended March 31^st.

Established in September 2021, Gadwa is a Cairo-based company listed on the EGX that operates within investment in the industrial sector.