Cairo – Mubasher: Ajwa Group for Food Industries said it achieved a net profit of EGP3.3 million in 2015 against a net loss of EGP9.14 million a year earlier, the consolidated financial results indicated.
The company’s revenues reached EGP534.1 million in 2015 versus EGP503.6 million last year.
According to FY15 unconsolidated financial results, the company logged a net annual loss of EGP10.4 million, 12.5% up from EGP9.3 million in 2014.
In the first nine months of 2015, the company reported EGP1.8 million standalone profits, against a net loss of EGP3.5 million for the year-ago period.