Ajwa for Food Industries Co. posted consolidated financial statements for the three-month period that ended on March 31, 2012, showing net profit of EGP1.1 million, against EGP6.2 million net loss in the same period a year earlier.
Standalone financial results for the six-month period that ended on March 31, 2012 mirrored EGP 6 million net loss, compared with EGP 7.7 million in the year-ago period.
Consolidated financial results for FY11 had shown net loss of EGP 21.677 million, against EGP 9.921 million net profit in 2010.
The company had reported EGP 6.2 million consolidated loss in Q1-11, compared with EGP 3.4 million loss in the same period a year earlier.