Gadwa’s consolidated profit hits EGP 207.2M end-September

Updated 11/15/2022 11:19:00 AM

Arab FinanceGadwa for Industrial Development (GDWA) recorded EGP 207.177 million consolidated profit attributable to the parent company since its establishment until the end of September 2022, according to the financial statements filed to the Egyptian Exchange (EGX) on November 15th.

The company’s operating revenue amounted to EGP 6.732 billion at the end of September.

Gadwa posted a standalone net profit after tax of EGP 6.225 million by September 30th.

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