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Arab Dairy logs EGP 30m losses in 2014

Arab Dairy logs EGP 30m losses in 2014
Photo Credit: Arabianeye-Reuters
Arab Dairy-Panda
ADPC
-5.77% 1.81 -0.11

Arab Dairy Products reported EGP 29.6 million in consolidated losses in 2014, compared with EGP 3.6 million for the previous year.

Meanwhile, the company suffered unconsolidated net losses of EGP 29.4 million for 2014, compared with EGP 3.8 million for 2013.

The firm is capitalisied at EGP 60 million, distributed across 6 million shares at EGP 10 par value each.