ODIN Investments incurs EGP 3.6M loss in H1
Updated 8/11/2022 11:01:52 AM
Arab Finance: ODIN Investments (ODIN) has incurred a consolidated net loss attributable to the parent company of EGP 3.67 million in the first half (H1) of 2022, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on August 11th.
It is worth noting that the company has suffered a consolidated net loss of EGP 1.03 million in 2021.
Total revenues amounted to EGP 3.57 million in the six-month period ended June 30th.
At the level of the standalone financial statement, the company has turned to losses in H1 2022, with a net loss after tax of EGP 1.97 million, versus a profit of EGP 670,578 in 2021.
ODIN is an Egypt-based leading investment company, with a diversified experience in general investment, particularly the real estate and the financial services sectors.
