Ajwa Group posts EGP 20.1m profits in 9m

Cairo - Mubasher: Ajwa Group for Food Industries - Egypt said it turned to profitability in the first nine months of 2015, as it saw net profits of EGP 20.1 million.

The company suffered EGP 86,500 in losses for the same period a year earlier.

Meanwhile, the company's standalone financial statements for this nine-month period have reflected net profits of EGP 1.8 million against losses of EGP 3.5 million for the similar period of 2014.

Mubasher Contribution Time: 30-Dec-2015 12:36 (GMT)