Cairo – Mubasher: Egypt’s Ajwa Group for Food Industries reported a jump of 89% in its net consolidated profits for the first quarter of 2015, said the company in a bourse filing.
The company gained EGP 12.65 million ($1.42 million) compared with EGP 6.66 million profits ($748,000) for the year-ago quarter.
Based on its unconsolidated financial results, the company logged EGP 1.63 losses in the first quarter compared with a net loss of EGP 6.03 million for the first quarter of 2015.
